for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Kazakhstan confirms global deal to cut oil output by 9.7 million bpd

NUR-SULTAN (Reuters) - Kazakhastan’s Energy Ministry said on Sunday it confirmed reports that the OPEC+ group of countries had agreed to cut the global oil output by 9.7 million barrels per day for two months starting on May 1.

Two OPEC+ sources told Reuters earlier on Sunday that the group, known as OPEC+, agreed to reduce output by 9.7 million barrels per day for May-June after a compromise with Mexico.

Reporting by Tamara Vaal; writing by Andrey Ostroukh; Editing by Alison Williams

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up