Reuters | OPEC's Spare Capacity Will Calm Oil Markets In 2017 OilPrice.com But while large cuts from OPEC are generally very bullish for oil prices, there is a side effect on the oil market from those reductions that could mute the price impact. Taking such a large volume of oil off the market does not make that production ... Saudi cabinet stresses need to implement oil output cut: statement Recovering oil prices to 'boost' economies – GCC deficits reducing |