Home Page : Archive News : June 2020 News : Oil falls below $40 on doubts early OPEC+ meeting will go ahead this week | |
Oil falls below $40 on doubts early OPEC+ meeting will go ahead this week | |
June 04, 2020 In April, OPEC+ agreed to cut oil production by a record 9.7 million barrels per day (b/d), approximately 10% of global output. Source: https://www.cnbc.com/2020/06/03/oil-prices-opec-likely-to-extend-deepest-ever-production-cuts-analysts-say.html |