Forbes | 3 Oil Charts To Close 2017 Forbes The November 30th agreement between OPEC and partners to extend their 1.8 million b/d production cut deal from March 2018 until the end of 2018 is meant to bring global stocks down to the five-year average and erase the glut built-up when oil was above ... Oil near two-week high as stockpiles fall Oil price outlook dependent on US shale production Oil Price to Fall Below $50 Next Year, Analysts Say |