Bloomberg | Oil Producers Consider Extending Output Cuts as Support Grows Bloomberg “We are ready to support” extending the deal, which took effect in January, Venezuela's Oil Minister Nelson Martinez said on Sunday. Fellow OPEC producers Iraq, Algeria and Angola have also backed an extension. “It does make sense to extend the ... Fate of OPEC's output cut will depend on how market responds, Iraq's oil minister says Oil producers look into rollover of output cuts Oil nations may extend pact |