OPEC+ Oil Producers To Cut Output By 9.7m Barrels

OPEC+ Oil Producers To Cut Output By 9.7m Barrels

Eurasia Review

Published

By Frank Kane

Big oil producers led by Saudi Arabia and Russia agreed on Sunday to cut output by 9.7 million barrels a day as energy markets grapple with the fallout from the coronavirus pandemic.

The biggest oil deal in history was clinched after three days of hard bargaining, two “virtual” meetings by video conference...

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