oil output cuts | Egypt Oil & Gas

OPEC to Determine Country Quotas for Oil Output Cut

OPEC plans to determine the oil output quotas for its members and its allies to strengthen the crude price.

Iraq Agrees with OPEC Output Cuts

Iraqi President Fuad Masum stated on March 26 that Iraq supports OPEC’s agreement to cut oil output.

Saudi Arabia Increased Oil Output Reductions

Saudi Arabia reduced oil production to less than 10mb/d, below its targeted level, and will consider renewing its pledge to cut crude output in six months.

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