Home NEWSLETTER OPEC-led Oil Cut Group Joined by 10-12 More Countries

OPEC-led Oil Cut Group Joined by 10-12 More Countries

Oil

An extra 10 to 12 oil-producing countries have been invited to join an Organization of the Petroleum Exporting Countries, OPEC-led output cut aimed at getting rid of a supply glut, Venezuela’s oil minister said on Wednesday.

Eulogio del Pino, speaking on a visit to Moscow, said the invited countries were in South America and Africa.

 

The OPEC-led supply cut at present covers 24 countries.

BizWatchNigeria.Ng
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.