OPEC+ Confirms Agreement to Cut 10 Mln BPD in May, June

OPEC and allied oil producers, a group known as OPEC+, agreed on Thursday to cut output by 10 million barrels per day (bpd) in May and June to help prop up prices battered the coranavirus crisis, the group said in a statement.It said the cuts would be eased between July and December to 8 million bpd