Post Tagged with: "oil output cuts"

Source: Reuters

Mexico can’t make additional oil output cuts, says president


MEXICO CITY – Mexico is not in a position to make additional oil output cuts beyond those agreed at the April meeting of the OPEC+ group of oil-producing countries, President Andres Manuel Lopez Obrador said on Friday.

OPEC+ agreed …


What deeper OPEC+ oil output cuts mean for the market


Saudi Arabia and Russia led a deal on Friday in which OPEC and its allies committed to deeper oil output cuts in the first quarter of 2020 aiming to avert oversupply and support prices.

The group of more than …