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Oil Nations, Prodded by Trump, Reach Deal to Slash Production

The deal will reduce output by 9.7 million barrels a day. While significant, the cut falls far short of what is needed to bring oil production in line with demand. [Source]

Publication Date:

Origin: nytimes.com

Category: Organization of the Petroleum Exporting Countries

Topics: demand, production, bring, needed, short, falls, significant, While, barrels, million, output, reduce, Production, Slash, Reach, Trump, Prodded, Nations

Source: https://www.nytimes.com/2020/04/12/business/energy-environment/opec-russia-saudi-arabia-oil-coronavirus.html