OPEC+ countries intend to cut oil production by 100,000 barrels

15:25 - 5.09.2022


September 5, Fineko/abc.az. During today's meeting the OPEC+ ministers will discuss, among other options, the possibility of reducing daily oil production by 100,000 barrels.

ABC.AZ reports that the OPEC+ members approved at a meeting on 3 August an increase in daily oil production in September by 100,000 barrels.

The final communique also stresses that the opportunities for free oil production in the world are seriously limited, and they should be used with caution.

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