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Kuwaiti Oil Minister Khaled Al-Fadil wrote on Twitter “With the grace of God, then with wise guidance, continuous efforts and continuous talks since dawn Friday, we are now announcing the completion of the historic agreement to reduce production by approximately 10 million barrels of oil per day from members of” OPEC + “starting from the first of May 2020 “.
For his part, UAE Energy Minister Suhail Al Mazroui said in a tweet that the UAE is committed to reducing oil production from its current level of 4.1 million barrels per day.
The Kremlin stated that Russian President Vladimir Putin, his US counterpart Donald Trump and Saudi King King Salman all supported OPEC’s decision + to cut oil production. According to Reuters.
As for the Minister of Energy, Rossio Nali, she made it clear that oil producers agreed unanimously to cut production by 9.7 million barrels per day from May in OPEC + talks, and she thanked OPEC members for their support in reaching the agreement.
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Kuwaiti Oil Minister Khaled Al-Fadil wrote on Twitter “With the grace of God, then with wise guidance, continuous efforts and continuous talks since dawn Friday, we are now announcing the completion of the historic agreement to reduce production by approximately 10 million barrels of oil per day from members of” OPEC + “starting from the first of May 2020 “.
For his part, UAE Energy Minister Suhail Al Mazroui said in a tweet that the UAE is committed to reducing oil production from its current level of 4.1 million barrels per day.
The Kremlin stated that Russian President Vladimir Putin, his US counterpart Donald Trump and Saudi King King Salman all supported OPEC’s decision + to cut oil production. According to Reuters.
As for the Minister of Energy, Rossio Nali, she made it clear that oil producers agreed unanimously to cut production by 9.7 million barrels per day from May in OPEC + talks, and she thanked OPEC members for their support in reaching the agreement.
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