Crude Oil Agency Agreement

Xinhua News Agency, Cairo, April 13: Financial and Economic Oversight: The volume of the crude oil production reduction agreement is not as good as expected EOG Resources, Inc. is one of the largest independent crude oil and natural gas companies in the United States, as the company has found. The market capitalization was 45.9 million $US in 2016, notes Forbes. John Sfakyaniakis, chief economist at the Saudi think tank`s Gulf Research Center, believes that OPEC has this time secured the largest production cut deal in history, which will help the warehouse not to increase in the short term, but the level of production cuts remains insufficient. To compensate for the global oil needs caused by the new epidemic of crowns, there can be a sharp decrease. After numerous rounds of negotiations, the Organization of the Petroleum Exporting Countries (OPEC) and Russia and other non-OPEC oil-producing countries have finally reached a historic reduction agreement.