
OPEC + will consider cutting oil production of more than 1 million barrels per day
By: Franyi Sarmiento, Ph.D., Inspenet, October 4, 2022.
OPEC+ will consider an oil production cut of more than one million barrels per day (bpd) this week, OPEC sources reported, in what would be the biggest move since the Covid-19 pandemic to address weakness in the oil market.