OPEC + agrees to cut output by two mln bpd

Baghdad-INA

The OPEC + agreed to reduce its daily oil production by two million barrels per day(bpd).

A month ago, the group agreed to a slight increase in production in September, at a rate of 100,000 barrels, after it was subjected to severe pressure from the United States and other major oil consumers to increase production in light of high prices.