Trump says OPEC+ planning to cut production 20 mn bpd

Top global oil producers are considering cutting production by 20 million barrels per day under the terms of a deal…

Top global oil producers are considering cutting production by 20 million barrels per day under the terms of a deal to boost prices, US President Donald Trump said on Monday.

Trump, who took credit for brokering the deal, said the agreement was bigger than expected and will help the energy industry recover from the impact of the coronavirus pandemic.

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