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OPEC ministers to debate total oil cut of 1.2 million bpd - source

Reuters  |  VIENNA 

VIENNA (Reuters) - Documents prepared for a ministerial on Wednesday propose the group cut production by 1.2 million barrels per day from October levels, an source familiar with the said.

The for the also propose Saudi Arabia reduce production to 10.07 million bpd from 10.54 million bpd in October and that Iran freeze output at 3.797 million bpd, according to the source.

(Reporting by Rania El Gamal; Editing by Dale Hudson)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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OPEC ministers to debate total oil cut of 1.2 million bpd - source

VIENNA (Reuters) - Documents prepared for a ministerial OPEC meeting on Wednesday propose the group cut production by 1.2 million barrels per day from October levels, an OPEC source familiar with the papers said.

VIENNA (Reuters) - Documents prepared for a ministerial on Wednesday propose the group cut production by 1.2 million barrels per day from October levels, an source familiar with the said.

The for the also propose Saudi Arabia reduce production to 10.07 million bpd from 10.54 million bpd in October and that Iran freeze output at 3.797 million bpd, according to the source.

(Reporting by Rania El Gamal; Editing by Dale Hudson)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Business Standard
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OPEC ministers to debate total oil cut of 1.2 million bpd - source

VIENNA (Reuters) - Documents prepared for a ministerial on Wednesday propose the group cut production by 1.2 million barrels per day from October levels, an source familiar with the said.

The for the also propose Saudi Arabia reduce production to 10.07 million bpd from 10.54 million bpd in October and that Iran freeze output at 3.797 million bpd, according to the source.

(Reporting by Rania El Gamal; Editing by Dale Hudson)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22