OPEC+ endorses one-month extension to oil cuts
10.06.2020
MOSCOW (MRC) -- OPEC, Russia and allies agreed on Saturday to extend record oil production cuts by one month until the end of July, five OPEC+ sources told Reuters. The group, known as OPEC+, also demanded countries such as Nigeria and Iraq, which exceeded production quotas in May and June, compensate with extra cuts in July to September. As MRC informed previously, global oil consumption