Economy OPEC: Oil: partial agreement to lower production - Economy

OPEC: Oil: partial agreement to lower production – Economy


Oil producers gathered on Thursday agreed, with the exception of Mexico, on a reduction in May and June of world production to the tune of 10 million barrels per day, OPEC announced on Friday. The agreement, which also provides for the reduction to 8 million barrels a day from July to December, will require the Mexico City agreement to take effect, the oil cartel said in a statement after a long meeting by videoconference intended to find a solution to the sudden drop in crude oil prices. (dpa / nxp)

Created: 04/10/2010, 06:34 a.m.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

The end of the coronavirus epidemic may take longer than you expect

SCIENCE - Edouard Philippe's speech opened on Thursday, May 28, revealing the details of phase 2 of the deconfinement....

Jon Jones confronts vandals

Ultimate Fighting Championship (UFC) heavyweight champion Jon...

Must read

You might also likeRELATED
Recommended to you