OPEC and its allies should reduce their oil production by 1 million barrels per day, Saudi Energy Minister Khalid al-Falih has suggested, while calling on all affected countries to equally cut production, Bloomberg reported Dec. 6.

Saudi Arabia: Energy Minister Backs OPEC+ Production Cut of 1 Million Barrels per Day

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Saudi Arabia

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OPEC and its allies should reduce their oil production by 1 million barrels per day, Saudi Energy Minister Khalid al-Falih has suggested, while calling on all affected countries to equally cut production, Bloomberg reported Dec. 6. 

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Saudi Arabia: Energy Minister Backs OPEC+ Production Cut of 1 Million Barrels per Day

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