Recently, Opec + agreed to cut oil output by a record amount, representing around 10% of the global supply.As per the agreement the daily production will cut by___________?

A. 9.5 million B/D
B. 9.6 million B/D
C. 9.7 million B/D
D. 9.8 million B/D

Submitted by: Aslan

After four days of wrangling, OPEC, Russia and other oil-producing nations, a group known as OPEC+, agreed on Sunday, Apr 12, 2020 to cut output by a record amount of 9.7 million barrels per day, representing around 10% of global supply to support oil prices amid the pandemic.

Correct Answer: 9.7 million B/D ✔

Last Updated: April 21, 2020