OPEC+, 5∼6월 하루 970만 배럴 원유감산 합의<br /><br />OPEC and its oil producing allies,... known as OPEC-plus... have finalized a historic agreement to cut oil production by almost ten million barrels a day.<br />Sunday's agreement was reached after days of discussions between the world's largest energy producers amid plummeting demand.<br />Lee Seung-jae reports.<br />The second emergency meeting of the OPEC-plus group in four days on Sunday came as oil-producing nations scrambled to reach an agreement in order to prop up falling prices,... as the COVID-19 pandemic continues to hammer demand.<br />The meeting resulted in a historic agreement to cut oil production by 9-point-7 million barrels per day.<br />The agreement also ends a price war between Saudi Arabia and Russia,... which broke out in March,... leading to further pressured oil prices,... as both nations sought to gain market share.<br />The cut will begin on May 1st and will extend through the end of June.<br />While the agreement is implemented on all countries within the group,... OPEC-plus is hoping nations that aren't in the group,... including the U.S., Canada and Norway will also cut back in an effort to shore up prices.<br />Last Thursday, OPEC-plus initially proposed cutting production by 10 million barrels per day,... 10-percent of the global oil supply,... but was met with opposition from Mexico,... holding up any final deal.<br />However, under the new agreement,... Mexico will cut 100-thousand barrels per day,... instead of the initial request of 400-thousand barrels.<br />Despite the historic cut,... some experts fear it's not large enough to hold off the drop-off in demand,... hinting that a further cut is needed.<br />Lee Seung-jae, Arirang News.<br />
