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OPEC, allies could cut oil output by reverting to 2016 quotas: TASS

Reuters  |  VIENNA 

(Reuters) - and its allies led by are discussing the idea of cutting by reverting to production quotas agreed in 2016, Russia's agency reported on Wednesday,

citing an source.

The move would mean reducing by more than 1 million barrels per day.

(Reporting by newsroom; Editing by Dale Hudson)

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

First Published: Wed, December 05 2018. 20:20 IST