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04-12-2020, 04:54 PM
Filed under: Government/Legal (https://www.autoblog.com/category/government-legal/)
https://o.aolcdn.com/images/dims3/GLOB/crop/2663x1498+0+203/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-04/7b3abe50-7d04-11ea-bebf-9271df954d8c OPEC, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the coronavirus pandemic and a price war, officials said. The cartel and other nations agreed to allow Mexico to cut only 100,000 barrels a month, a sticking point for an accord initially reached Friday after a marathon video conference between 23 nations. Mexico's energy minister said on Twitter thContinue reading OPEC and oil nations agree to cut nearly 10M barrels per day (https://www.autoblog.com/2020/04/12/opec-russia-oil-producing-cut-stabilize-prices/)
OPEC and oil nations agree to cut nearly 10M barrels per day (https://www.autoblog.com/2020/04/12/opec-russia-oil-producing-cut-stabilize-prices/) originally appeared on Autoblog (https://www.autoblog.com) on Sun, 12 Apr 2020 17:28:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/04/12/opec-russia-oil-producing-cut-stabilize-prices/) | Email this (https://www.autoblog.com/forward/2223979/) | Comments (https://www.autoblog.com/2020/04/12/opec-russia-oil-producing-cut-stabilize-prices/#comments)
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https://o.aolcdn.com/images/dims3/GLOB/crop/2663x1498+0+203/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-04/7b3abe50-7d04-11ea-bebf-9271df954d8c OPEC, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the coronavirus pandemic and a price war, officials said. The cartel and other nations agreed to allow Mexico to cut only 100,000 barrels a month, a sticking point for an accord initially reached Friday after a marathon video conference between 23 nations. Mexico's energy minister said on Twitter thContinue reading OPEC and oil nations agree to cut nearly 10M barrels per day (https://www.autoblog.com/2020/04/12/opec-russia-oil-producing-cut-stabilize-prices/)
OPEC and oil nations agree to cut nearly 10M barrels per day (https://www.autoblog.com/2020/04/12/opec-russia-oil-producing-cut-stabilize-prices/) originally appeared on Autoblog (https://www.autoblog.com) on Sun, 12 Apr 2020 17:28:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
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