OPEC recommends 1.5-million-barrel output cut to allies

RAPPLER

VIENNA, Austria – Ministers from the OPEC cartel of oil-producing countries on Thursday, March 5, recommended a drastic production cut of 1.5 million barrels per day to their allies to counter a slump in demand caused by the coronavirus outbreak .

However, it remains to be seen whether the OPEC+ states – ... via PK