OPEC + agreed on a deal to reduce oil production

According to the head of the Ministry of Energy, 23 countries will participate in the OPEC + agreement to reduce oil production, the reduction during the first two months of the transaction will be 10 million barrels per day.

“Everyone agreed that decisive measures should be taken, which include that the OPEC and non-OPEC countries reduce production by 10 million barrels per day in total, by May and June by two months ... Then, during the next half year, partially restore production, and the reduction will be 8 million barrels per day, ”he said.