OPEC+ seeks deeper oil cuts of over 400,000 bpd - sources

FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen inside its headquarters in Vienna, Austria, December 7, 2018. REUTERS/Leonhard Foeger - Copyright Leonhard Foeger(Reuters)

By Reuters

Published on 05/12/2019 - 10:04•Updated 26/04/2024 - 12:12

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VIENNA (Reuters) - OPEC and its allies led by Russia will discuss on Thursday deepening oil cuts by more than 400,000 barrels per day, two sources from the OPEC+ group of oil producers told Reuters.

The sources said it was the main scenario for discussions on Thursday.

(Reporting by OPEC team; editing by Jason Neely)

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