March 3, 2020 / 6:39 PM / a month ago

OPEC+ panel considered oil output cut of 600,000-1 mln bpd: sources

VIENNA (Reuters) - A technical committee of OPEC and its allies considered a cut in oil production of 600,000 to 1 million barrels per day (bpd), and recommended a reduction in output of at least 600,000 bpd, two sources said.

The panel, the Joint Technical Committee, was meeting before a gathering of the Organization of the Petroleum Exporting Countries and other producers including Russia this week in Vienna.

Reporting by OPEC team; Editing by Edmund Blair

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