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OPEC+ decides 10mn bpd cut, Mexico refuses
April 10, 2020
Source: CNBC

OPEC+ decides 10mn bpd cut, Mexico refuses

After more than nine hours meeting on Thursday, OPEC and its allies have settled for historic agreement with an exception. The group has decided to take 10 million barrels per day off the market to which Mexico hasn't given the consent. The statement by OPEC read "agreed by all the OPEC and non-OPEC oil-producing countries participating in the Declaration of Cooperation, the agreement is conditional on the consent of Mexico".

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