opec march 5 63 Mar 2020 11:06
LONDON (Reuters) - Several key OPEC members are leaning towards a bigger than previously expected oil output cut, four sources with knowledge of the talks saidSaudi Arabia, the biggest producer in OPEC, and some other members are considering agreeing an output cut of 1 million barrels per day (bpd) for the second quarter of 2020, more than an initially proposed cut of 600,000 bpd, the sources said.
The Financial Times newspaper was first to report the deeper cut idea.