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OPEC+ panel considered oil output cut of 600,000-1 mln bpd - sources

Published 03/03/2020, 19:29
Updated 03/03/2020, 19:36
© Reuters. OPEC+ panel considered oil output cut of 600,000-1 mln bpd - sources

VIENNA, March 3 (Reuters) - A technical committee of OPEC

and its allies considered a cut in oil production of 600,000 to

1 million barrels per day (bpd), and recommended a reduction in

output of at least 600,000 bpd, two sources said.

The panel, the Joint Technical Committee, was meeting before

a gathering of the Organization of the Petroleum Exporting

Countries and other producers including Russia this week in

Vienna.

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