"OPEC, 증산 석달 연기에 공감대"…비회원국들과 회의 시작<br /><br />OPEC members have reached a broad consensus on extending current oil cuts into the first three months of 2021.<br />This comes as demand for oil is largely projected to stay weak due to COVID-19.<br />For more on this and other news from around the world, we turn to our Lee Kyung-eun.<br />Kyung-eun, tell us more.<br />Mok-yeon, OPEC members have agreed to maintain existing oil cuts of 7-point-7 million barrel per day,... until the first quarter of 2021.<br />The policy is aimed at helping producers,... as the demand for oil is likely to stay weak in the coming year due to the impact of the prolonged COVID-19 pandemic.<br />But in order to push ahead with the policy,... OPEC members would need support from their allies in the OPEC+.<br />And the group, which includes Russia, is hoping to ease the existing cuts by 2 million barrels per day,... from January.<br />The two sides will hold negotiations over the policy at a meeting on Tuesday,... which an OPEC official has said may be difficult.<br />The industry projects oil prices to fall as much as 10 percent,... if OPEC fails to maintain current cuts.<br />
