CNBC | Oil prices tank as OPEC output cut extension disappoints the market CNBC Oil prices fell sharply on Thursday after an OPEC delegate at the meeting in Vienna said the oil producer group had agreed to extend production cuts in production by nine months to March 2018. OPEC ministers are meeting to decide how long to extend oil ... Opec meeting: oil price falls as Saudi Arabia rules out deeper output cuts OPEC extends oil output cut by nine months to fight glut OPEC, Fighting Markets Forces, Extends Production Cuts |