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Report: OPEC+ panel recommends provisional 600,000 bpd oil output cut

MOSCOW, Feb 6 (PRIME) -- An OPEC+ technical panel has agreed to recommend a provisional additional cut in oil output of 600,000 barrels per day (bpd) as it awaits RussiaТs final position on the proposal, Reuters reported on Thursday, citing two OPEC+ sources.

УThe recommendation is for a cut of 600,000 barrels per day. Russia has asked for more time for consultations,Ф one of the sources said.

The OPEC+ ministers have yet to decide on whether to bring forward their upcoming policy meeting to February from early March, the sources said.

End

06.02.2020 15:33
 
 
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