Azerbaijan To Reduce Oil Output By 35.000 Bpd
13.12.2016 09:03
The government of Azerbaijan is set to reduce its oil production by 35.000 barrels per day (
bpd ), Trend News Agency reported.
OPEC pressed 11 non-member countries to reduce their oil production in order to increase low prices.According to the Qatari Government, the non-members have agreed to reduce 558,000 barrels per day, less than the 600,000 OPEC had hoped for.OPEC had earlier agreed to cut short its own production by 1.2 million barrels a day.
www.ann.az
OPEC pressed 11 non-member countries to reduce their oil production in order to increase low prices.According to the Qatari Government, the non-members have agreed to reduce 558,000 barrels per day, less than the 600,000 OPEC had hoped for.OPEC had earlier agreed to cut short its own production by 1.2 million barrels a day.
www.ann.az
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