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OPEC+ to agree on 1M barrels per day of output cuts, Reuters says
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OPEC+ to agree on 1M barrels per day of output cuts, Reuters says

OPEC+ oil producers are likely to agree output cuts of at least 1M barrels per day for early next year led by Saudi Arabia rolling over its voluntary additional cut and smaller curbs by others, two delegates told Reuters ahead of a virtual OPEC+ meeting on Thursday, reports Alex Lawler, Olesya Astakhova and Maha El Dahan. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).

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