(Video) Rajya Sabha TV (RSTV) World Panorama: OPEC Slashes Output
Topic: OPEC Slashes Output
Episode: 353
Topic Description:
The Organisation of the Petroleum Exporting Countries or OPEC and non-OPEC oil producers on Friday agreed to jointly cut crude production by 1.2 million barrels a day from January 2019 for an initial period of six months.
The deal was reached after Iran, Venezuela and Libya were exempted from cutting down their output due to the political situation in these countries.
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Courtesy: RSTV