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- Members of OPEC and their allies, including Russia and Mexico, announced Sunday that they have agreed to cut production by 9.7 million barrels a day in May and June, the deepest cut ever agreed to by the world’s oil producers. After that, the group will steadily ramp up production until the agreement expires in April 2022.
www.cnn.com/2020/04/12/energy/opec-deal-production-cut/index.htmlOPEC+ reaches deal to cut oil production by 9.7 million ... - CNN
Apr 13, 2020 · As the Organization of the Petroleum Exporting Countries and its allies came to an agreement on a record cut in oil production, U.S. President Donald Trump may have struck his “biggest and...
- OPEC and allies agree to historic 10 million barrel per day ...
A historic production cut agreement between OPEC and its...
- OPEC and allies finalize record oil production cut after days ...
OPEC and its oil producing allies finalized an agreement to...
- OPEC and allies agree to historic 10 million barrel per day ...
Apr 12, 2020 · Members of OPEC and their allies, including Russia and Mexico, announced Sunday that they have agreed to cut production by 9.7 million barrels a day in May and June, the deepest cut ever...
Apr 12, 2020 · Opec producers and allies have agreed a record oil deal that will slash global output by about 10% after a slump in demand caused by coronavirus lockdowns.
Apr 3, 2023 · OPEC and its allies, including Russia, agreed on Sunday to widen crude oil production cuts to 3.66 million barrels per day (bpd) or 3.7% of global demand.
Apr 9, 2020 · A historic production cut agreement between OPEC and its allies, known as OPEC+, hit a roadblock after Mexico refused to agree to its share of the cuts after a marathon meeting between the...
Apr 12, 2020 · OPEC and its oil producing allies finalized an agreement to cut production by 9.7 million barrels per day — the single largest output cut in history. The group, known as OPEC+, initially...
Oct 19, 2022 · In the latest change to the production targets of its member countries, the Organization of the Petroleum Exporting Countries (OPEC) and its ten oil-exporting partners (together known as OPEC+) announced that they will cut oil production by 2 million barrels per day (b/d) starting in November 2022. [1] This represents the largest reduction in ...