OPEC+ Discuss 10 Million Bpd Cut Involving Other Producers

OPEC+ Discuss 10 Million Bpd Cut Involving Other Producers

OilPrice.com

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Oil producers from the OPEC+ coalition are discussing the possibility of slashing global crude oil production by 10 million bpd in cooperation with producers from outside the group, a source with OPEC told Reuters on Friday, a day after U.S. President Donald Trump said he expected a massive cut from Saudi Arabia and Russia. A final figure up for discussion would depend on the outcome of the meeting of President Trump with U.S. oil firms later on Friday and over the weekend, Reuters’ source said. After days of speculation…

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