OPEC+ panel recommends provisional 600,000 bpd oil output cut, sources say GlobeBusiness
This translation has been automatically generated and has not been verified for accuracy.An OPEC+ technical panel has agreed to recommend a provisional additional cut in oil output of 600,000 barrels per day as it awaits the final position of Russia on the proposal, two OPEC+ sources said on Thursday.
“The recommendation is for a cut of 600,000 bpd. Russia has asked for more time for consultations,” one of the sources said. The OPEC+ ministers have yet to decide on whether to bring forward their upcoming policy meeting to February from early March, the sources said.
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