OPEC+ producers debating possible oil cuts of 10 mln bpd -OPEC source

Published 03/04/2020, 09:45
Updated 03/04/2020, 09:48
© Reuters.

LONDON, April 3 (Reuters) - The OPEC+ crude oil exporter
group is debating cutting global supply by 10 million barrels
per day, an OPEC source said on Friday, adding any further cuts
must include producers from outside the alliance.
U.S. President Donald Trump said on Thursday he had brokered
a deal with top crude producers Russia and Saudi Arabia to cut
output and arrest an oil price rout amid the global coronavirus
pandemic, though details of how cuts would work were unclear.
While Russia and Saudi Arabia belong to the grouping of
members of the Organization of the Petroleum Exporting Countries
and its allies, the United States does not.


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