Bloomberg | Kuwait Says Global Oil Cuts Can Halt If Market Balances by June Bloomberg OPEC and its partners agreed on Nov. 30 to keep curbing production until the end of next year, in a bid to drain oversupplied world markets and prop up prices. Crude dropped in the week after their decision to extend the cuts as investors turned ... Oil Prices Rise On Solid Chinese Demand Crude Oil Price News: OPEC Cuts And China Demand Give Stability Oil rises 1 percent on Chinese demand, but weekly losses loom |