OPEC+ Considers Oil Cuts Above 12 Mln BPD

April 9, 2020

© Maxim Grebeshkov / Adobe Stock
© Maxim Grebeshkov / Adobe Stock

OPEC, Russia and other allied producers, a grouping known as OPEC+, are considering cutting their oil output by more than 12 million barrels per day (bpd) and want other producers to contribute cuts of 5 million bpd, an OPEC+ source said on Thursday.


(Reporting by OPEC team; Editing by Edmund Blair)

Related News

No Shortage of Good Ideas to Address the Mariner Shortage US Studying if Other Bridges at Risk After Baltimore Collapse Containership Lost Power Several Times Before Striking Bridge in Baltimore Silversea Takes Delivery of New Cruise Ship Silver Ray Collapsed Baltimore Bridge Blasted into Pieces