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1 Jun 2020 16:01
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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

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    Law and Order:
    George Floyd US anti-police protests kick off for another night, truck drives at crowd of Minneapolis protesters, live updates 15:47

    Motoring:
    Two vessels are stricken off the east coast of the Coromandel Peninsula, with one leaking diesel fuel into the water 15:27

    Health & Safety:
    India's richest city Mumbai is rapidly turning into the world's next coronavirus catastrophe 14:57

    Law and Order:
    Police are seeking help identifying a man currently in Wellington Hospital after being hit by a vehicle near Riddiford Street, Newtown 14:57

    Rugby:
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    Living & Travel:
    A special honour for Kayla Whitelock as she continues her push for a fifth Olympic Games with the women's Black Sticks 14:27

    International:
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    Living & Travel:
    Kayla Whitelock is highlighting the 2012 Olympics as a highlight of her hockey career 14:07

    Rugby League:
    One of the most experienced coaches has given a thumbs up for the first round of NRL since its post Covid-19 resumption 13:47


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