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AMENA BAKR, ENERGY INFORMATION GROUP CORRESPONDENT: This is a three-part cut. The lifting of the voluntary cuts at the top 2.20 million barrels per day was delayed for three months and will gradually resume over 18 months. The collective cuts at the bottom 2 million barrels per day will be extended to 2...

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2024-12-05 12:45:48
AMENA BAKR, ENERGY INFORMATION CORRESPONDENT: This is a three-part cut. The top-level voluntary cut 2.20 million barrels per day was postponed for three months and will be gradually restored over 18 months. The bottom-level collective cut 2 million barrels per day will be extended until the end of 2026. < br > < img src = "https://flash-scdn.jin10.com/bbce4d0f-1f59-41cc-b3cd-0d83f52a5326.png" referrerpolicy = "no-referrer" >
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