OPEC+ countries agreed to reduce daily oil production by 2 million barrels
OPEC+ countries agreed to reduce daily oil production by 2 million barrels
05 October 2022
OPEC+ countries have agreed to reduce daily oil production by 2 million barrels. The decision was made “in light of the uncertainty associated with the prospects for the global economy and the oil market, as well as the need to improve long-term forecasts for the oil market.”