Azerbaijan to reduce oil production by 35.000 barrels per day

Azerbaijan to reduce oil production by 35.000 barrels per day
# 10 December 2016 17:59 (UTC +04:00)

Non-OPEC states agree to cut oil production by more than 600,000 barrels, APA reports/

 

Totally 12 countries included to the above list. Thus, Russia will cut production by 300.000 barrels per day, Mexico – 100.000, Kazakhstan – 50.000, Oman -. 45.000, Azerbaijan – 35.000, Malaysia – 35.000, Bahrain and Equatorial Guinea each one – 12.000, Southern Sudan - 8000, Brunei - 7000, Sudan and Bolivia by 4000 barrels per day.

 

At the same time, Reuters reported that non-OPEC oil-producing countries cut production by 562.000 barrels per day.

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THE OPERATION IS BEING PERFORMED