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OPEC+ to meet Saturday on extending cuts, push Iraq and Nigeria to comply

The producers known as OPEC+ previously agreed to cut supply by 9.7 million barrels per day (bpd) during May and June to prop up prices which collapsed due to the coronavirus crisis

Topics
OPEC | Opec oil cuts | Iraq

Vladimir Soldatkin Olesya Astakhova & Rania El Gamal | Reuters  |  Moscow/Dubai 

saudi aramco, Oil, crude, petrol
Benchmark Brent crude, which slumped below $20 a barrel in April, was up about 3% on Friday to trade at a three-month high above $41

and its allies led by will meet on Saturday to discuss extending record oil production cuts and to push laggards such as and to comply with existing curbs.

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First Published: Fri, June 05 2020. 19:45 IST
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