Media says OPEC and Russia discussing output cuts, to meet on Monday

OPEC and Russia discuss cutting global oil output by 10 million bpd, an OPEC source tells Reuters. According to Bloomberg, countries are preparing for a virtual meeting.

BY RITZAU FINANS

The Organization of the Oil Exporting Countries (OPEC) and other major oil-extracting nations, known as OPEC+, are in talks on global output cuts of 10 million barrels per day.

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