The Presidential Daily Brief

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    Maduro Says Oil Market Agreement Close

    They’re mapping out a crude strategy. Venezuelan President Nicolas Maduro says that after discussions with Iran and Ecuador, OPEC and non-OPEC countries are on their way to an agreement to stabilize the oil market, which has seen prices plunge over the last couple of years. Now investors are speculating that oil producers will agree to cap outputs at discussions on the sidelines of the International Energy Forum on Sept. 27 in Algiers. OPEC Secretary General Mohammed Barkindo says if that happens, the group may set a special meeting to finalize details.

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