Opec+ opens talks on fresh output cuts
VIENNA: Opec and its allies began two days of meetings on Saturday that may culminate in further production cuts of as much as 1 million barrels per day, Opec+ sources told Reuters, as the group faces flagging oil prices and a looming supply glut. Opec+, which groups the Organisation of the Petroleum Exporting Countries and allies led by Russia, pumps around 40 per cent of … Continue reading Opec+ opens talks on fresh output cuts
