OPEC and allies agree to deepen oil output cuts | Reuters


OPEC and allies led by Russia on Thursday agreed one of the deepest output cuts this decade to support crude prices and prevent a glut but were still debating how long the curbs would last next year.

The Organization of the Petroleum Exporting Countries (OPEC) is meeting to discuss supply policy in Vienna. OPEC will then meet on Friday with Russia and other producers, a grouping known as OPEC+.

Source: OPEC and allies agree to deepen oil output cuts – Reuters

READ  Air Force Plans To Proceed With Purchasing Light-Attack Aircraft | Defense Daily Network

Leave a Reply

Your email address will not be published. Required fields are marked *