OPEC suggests non-OPEC countries to take one third of total reduction — sources

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©  AP Photo/Eric Gay

VIENNA, December 6. /TASS/.OPEC ministers discussed the oil production cut by 0.9-1.0 mln barrels per day within the Organization’s framework and believe that ten non-OPEC countries should assume a half more of this portion, two sources in OPEC told TASS on Thursday.

“If OPEC cuts by 1 mln barrels, and this is what we discussed, then non-OPEC should reduce by 0.5 mln. If OPEC slashes by 900,000 barrels, then non-OPEC should reduce by 450,000 [barrels],” one of sources said. The overall quota was broken down under the same principle in 2017, the source added.

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