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2 Jun 2020 11:58
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  •   Home > News > Business

    OPEC and Russia have agreed a deal to cut global oil production to 10 million barrels a day until July 1, and then eight million a day until the end of year

    OPEC and Russia have agreed a deal to cut global oil production to 10 million barrels a day until July 1, and then eight million a day until the end of year


    The move is aimed at limiting a crash in prices that has pushed energy companies toward bankruptcy.

    However there are also reports suggesting the deal is was hanging in the balance, with Kuwait's oil minister saying Mexico had disrupted the proposed accord.

    © 2020 Newstalk ZB, NZCity


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     Today's News

    International:
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    Law and Order:
    George Floyd death was homicide, says updated medical examiner's report 11:47

    Entertainment:
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    Law and Order:
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    Entertainment:
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    Worrying signs for Super Rugby with Jaguares players in Argentina being encouraged to pursue professional playing opportunities offshore 11:07

    Law and Order:
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    Entertainment:
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    Politics:
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    Entertainment:
    Camila Cabello went through "multiple roller-coaster rides" every single day as she coped with her OCD 10:15


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