Friday, 3 April 2020

New members may join OPEC+ alliance: RIA quotes source - Reuters

New members may join OPEC+ alliance: RIA quotes source - Reuters:

A number of countries want to join an existing alliance between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC members, RIA news agency said on Friday, citing a source.

Adding new members as well as a massive production cut by 10 million barrels of oil per day could be discussed at a meeting on April 6, the source told RIA. There are no cut allocations yet, RIA added.

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