OPEC and Russia cut daily oil supplies – Diario de Burgos

The OPEC+ alliance, led by Saudi Arabia and Russia, agreed on Monday to reduce the official oil supply of this group of 23 countries by 100,000 barrels per day from October 1, fearing that a slowdown in the world economy will reduce demand. of “black gold”. With this decision, sanctioned by the ministers of the OPEC+ sector in their monthly teleconference, the increase in pumping that had been adopted in the previous meeting, on August 3, for September was annulled. The ministers agreed today “return to the production level of August 2022”, recalling that “the upward adjustment of 0.1 million barrels per day (mbd) was planned only for the month of September”, reported the Organization of Exporting Countries in a statement .