G-20 backs output cut deal as India, Saudi pitch for stable oil market

Energy ministers of G-20 countries on Friday backed the deepest-ever production cut deal to rebalance the global oil market, with India and Saudi Arabia – representing the high table of consuming and producing countries – calling for “stable, affordable, reliable and accessible” supplies to enable basic services in times of COVID-19 and assist in economic recovery.

Leave a Reply

Your email address will not be published. Required fields are marked *