OPEC+ countries discussing oil production cuts from May to end of July

OPEC+ countries discussing oil production cuts from May to end of July
  • Clock-gray 16:41
  • calendar-gray 07 April 2020

OPEC+ countries are discussing production cuts within the new deal framework from May to the end of July 2020 at the least, two sources in OPEC said on Tuesday, APA reports quoting TASS.

"Three months. I believe the deal can be made from May because April deliveries have already been scheduled," a high-ranking source in the organization said. No clear deadline has been set so far "but it will be definitely longer than until June," another source added.

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