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legalizeMJ

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legalizeMJ

Re: legalizeMJ post# 2059710

Saturday, 06/06/2020 1:28:13 PM

Saturday, June 06, 2020 1:28:13 PM

Post# of 2342142
6/6/2020: Oil production cuts to July 13, 2020

https://www.cnbc.com/2020/06/06/opec-and-allies-reportedly-agree-to-extend-record-production-cut.html

Under the prior agreement, which was set during an extraordinary multi-day meeting in April, the 23-member group began curbing production by 9.7 million bpd on May 1, which was slated to extend through the end of June. The cuts would then begin to taper. From July through the end of 2020, 7.7 million bpd would be taken offline, followed by 5.8 million bpd from January 2021 through April 2022.



The new agreement = cut 9.7ml oil to 7/31/2020 instead of just 6/30/2020.
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