1. And Thursday, the Organization of Petroleum Exporting Countries put off until March any decision on extending their oil production cutbacks to prop up prices. 2. OPEC plans oil production cutbacks, hoping to undo the damage it did to prices by an ill-judged decision to start pumping more crude last winter. 3. After promising oil cutbacks, can OPEC deliver? 4. Algerian oil minister Chakib Khelil said on Friday that he was confident Russia would extend its oil output cutbacks until the end of June. 5. Khelil also said he was confident Russia would extend its oil output cutbacks until the end of June. |