Opec+ recommends additional output cut of 500,000 bpd
Cuts will last at least throughout the first quarter of 2020, but this may be extended by Opec
05 December 2019 - 18:15
Vienna — Opec and allies led by Russia agreed on Thursday to one of the deepest output cuts this decade to support crude prices and prevent a glut, but were still debating how long the curbs would last into 2020.
Opec is meeting to discuss supply policy in Vienna. Opec will then meet on Friday with Russia and other producers, a group known as Opec+...
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