OPEC+ Considers Oil Cuts Above 12 Mln BPD

April 9, 2020

© Maxim Grebeshkov / Adobe Stock
© Maxim Grebeshkov / Adobe Stock

OPEC, Russia and other allied producers, a grouping known as OPEC+, are considering cutting their oil output by more than 12 million barrels per day (bpd) and want other producers to contribute cuts of 5 million bpd, an OPEC+ source said on Thursday.


(Reporting by OPEC team; Editing by Edmund Blair)

Logistics News

Port of Brownsville Welcomes Local, Industry Leaders at State Address

Port of Brownsville Welcomes Local, Industry Leaders at State Address

US Sanctions Cuban State Oil Company

US Sanctions Cuban State Oil Company

Los Angeles Adopts $3.4 Billion Port Budget

Los Angeles Adopts $3.4 Billion Port Budget

Spiridon II Livestock Transport Organizer Due in Court

Spiridon II Livestock Transport Organizer Due in Court

Subscribe for Maritime Logistics Professional E‑News

Air India crash: a year after the tragedy, there is still no final report and families are seeking answers
Air India wants to delay hundreds of jet deliveries - sources
There are some flights to the Middle East that have resumed but there is still disruption.