The Organization of Petroleum Exporting Countries and ten major oil producing countries have agreed to cut crude oil.
It is said to cut 9.7 million barrels of crude oil a day for two months from next month.
Saudi Arabia and Russia, which have been struggling in the past, and Mexico, which opposed the negotiations four days ago, agreed to cut production, the oil price slump could be settled, but given the impact of Corona 19 on the global economy, it is not enough to resolve the oversupply of crude oil. Evaluation is also coming out.
OPEC + agreed to “reduce 9.7 million barrels of crude oil a day from May to June”
2020-04-12T23:10:35.383Z
The Organization of Petroleum Exporting Countries and ten major oil producing countries have agreed to cut crude oil. It is said to cut 9.7 million barrels of crude oil a day for two months from next month.
Source: sbskr
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