The Australian | Oil price set to slump this year, warns International Energy Agency boss The Australian He said that a deal brokered by Saudi Arabia and Russia between oil exporters in OPEC and non-OPEC countries to curb production was already having an impact on global oil markets. That deal came into effect on January 1. Oil markets are anticipating ... Another oil price slump looms, warns energy industry boss OPEC Oil Cuts "Encouraging" But Prices Won't Reach the Low to Mid $60s: IEA |