Urgent: OPEC, Non-OPEC oil producers to cut oil output by 2 mln bpd from November-Xinhua

Urgent: OPEC, Non-OPEC oil producers to cut oil output by 2 mln bpd from November

Source: Xinhua

Editor: huaxia

2022-10-05 22:55:00

VIENNA, Oct. 5 (Xinhua) -- The Organization of the Petroleum Exporting Countries (OPEC) and Non-OPEC oil producers on Wednesday announced a major production cut of 2 million barrels per day (bpd) starting November to bolster oil prices that have recently tumbled over recession fears.