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  • Tue. Nov 5th, 2024

Trump states international oil production cut need to assist market recover

Trump states international oil production cut need to assist market recover

FILE IMAGE: U.S. President Donald Trump speaks during the coronavirus action daily briefing at the White Home in Washington, U.S., April 10,2020 REUTERS/Yuri Gripas

WASHINGTON (Reuters) – U.S. President Donald Trump stated on Monday the OPEC group of oil manufacturers is seeking to cut output by 20 million barrels daily (bpd), a figure that appeared to include a wider group of manufacturers, consisting of the United States.

OPEC , comprising the Company of the Petroleum Exporting Countries, Russia and other nations, said on Sunday it had actually accepted lower output by 9

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