OPEC-non-OPEC To Cut Oil Output By 1.2 Mln Bpd During H1 2019 - Iraqi Minister

Mohammad Ali (@ChaudhryMAli88) Published December 07, 2018 | 10:33 PM

OPEC-non-OPEC to Cut Oil Output by 1.2 Mln Bpd During H1 2019 - Iraqi Minister

OPEC member states, under the OPEC-non-OPEC deal, will cut oil production by 800,000 barrels per day, the remaining participants of the deal - by 400,000 barrels per day, Iraqi Oil Minister Thamir Ghadhban told reporters Friday.

VIENNA (UrduPoint News / Sputnik - 07th December, 2018) OPEC member states, under the OPEC-non-OPEC deal, will cut oil production by 800,000 barrels per day, the remaining participants of the deal - by 400,000 barrels per day, Iraqi Oil Minister Thamir Ghadhban told reporters Friday.

He said the deal would be valid from January 2019 for six months. The next meeting of the OPEC-non-OPEC Joint Ministerial Monitoring Committee (JMMC) would take place in April.

Facebook Twitter Reddit Pinterest Whatsapp

Prize Bonds

PSX 100 Index

Currency Rates

Gold Prices

Petrol Prices

Crypto

Recent Stories

IHC adjourns PTI founder, Qureshi's appeal till Th ..

IHC adjourns PTI founder, Qureshi's appeal till Thursday

CDWP recommends 3 projects to ECNEC for approval

CDWP recommends 3 projects to ECNEC for approval

Tarar assures APNS to resolve issues of newspaper ..

Tarar assures APNS to resolve issues of newspaper industry

Pakistan urged to capitalize on economic stability ..

Pakistan urged to capitalize on economic stability, for Tobacco Tax Reforms

N. Macedonia polls set to upend ties with EU neigh ..

N. Macedonia polls set to upend ties with EU neighbours

Croatia's ruling party reaches coalition deal with ..

Croatia's ruling party reaches coalition deal with right wing

Bayern coach Tuchel makes three changes for Madrid ..

Bayern coach Tuchel makes three changes for Madrid showdown

Olympic flame arrives on French soil for Paris Gam ..

Olympic flame arrives on French soil for Paris Games

Punjab Finance Minister announces expansion of Soc ..

Punjab Finance Minister announces expansion of Social Protection Authority's man ..

Kenya inks deal to end doctors' strike

Kenya inks deal to end doctors' strike

Brazil flooding death toll reaches 100

Brazil flooding death toll reaches 100

Lebanon security source says five killed in Israel ..

Lebanon security source says five killed in Israeli strikes on south