OPEC Smashes Oil Cuts
Record Again. Russia Slips
By Brian Wingfield, Samuel Dodge and Cedric SamUpdated: April 18, 2018
For the fifth straight month, OPEC in March set a fresh record for complying with its agreed oil-production cuts, with the goal of re-balancing the market finally in sight. A parallel effort from 10 non-OPEC nations also improved even as the group’s biggest producer, Russia, boosted crude output slightly.