Report: OPEC+, other states to mull oil output cut of 20 mln bpd

MOSCOW, Apr 9 (PRIME) -- OPEC+ states and other oil producers will discuss oil cuts of 20 million barrels per day, Reuters reported on Thursday citing an OPEC source and a Russian source.

“OPEC and other oil producers will debate on Thursday oil cuts as big as 20 million barrels per day, equivalent to about 20% of global supplies,” Reuters reported.

Russia and Saudi Arabia have managed to remove their main obstacles to agreeing a new deal on oil cuts, Reuters also reported citing another OPEC source and a separate Russian source.

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