Opec pressures Angola to comply with oil supply-cut agreement
Angola will make up for its May and June overproduction by cutting more in July to September
07 July 2020 - 14:01
Dubai/London — Angola has agreed with oil cartel Opec to comply fully with a global pact on supply curbs and will compensate for previous overproduction by cutting more from July to September, two Opec sources said.
Opec and its allies, led by Russia (Opec+), agreed to cut oil output from May by a record 9.7-million barrels per day (bpd) after the coronavirus crisis destroyed a third of global demand...
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