- Joined
- Jul 1, 2017
OPEC, allied nations extend nearly 10M barrel cut by a month
OPEC and allied nations agreed Saturday to extend a production cut of nearly 10 million barrels of oil a day through the end of July, hoping to encourage stability in energy markets hard hit by the coronavirus-induced global economic crisis.
www.startribune.com
OPEC, Allies Finalize Deal to Extend Oil-Output Cuts
OPEC and its allies finalized an extension of their record oil-production curbs through July, delegates said, after Iraq and Nigeria agreed to slightly deeper cuts to compensate for failing to adhere to recent agreements.
www.wsj.com
OPEC+ Extends Oil Cuts in Win for Saudi-Russian Alliance
www.bloomberg.com
Opec members agree on proposal to extend cuts: Update | Latest Market News
Opec has agreed on a proposal to extend the wider Opec+ group's 9.7mn b/d production cuts by another month, subject to approval by its non-Opec partners.