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WorldPosted at: Jun 7 2020 6:23AM


Mexico to Stick to April OPEC+ Deal, Setting Production Cuts Until June - Energy Secretary

Buenos Aires, Jun 7 (Sputnik) Mexico has confirmed its commitment to the OPEC+ deal reached in April, which stipulates oil production cuts for Mexico for May-June only, the country’s Secretary of Energy, Rocio Nahle Garcia, said after the Saturday meeting of oil producers.
"The Government of Mexico maintains its readiness for dialogue and confirms its position on the agreement signed last April," Mexico’s Energy Secretary wrote on Twitter.
The 23-nation alliance of oil producers agreed on Saturday to extend the 9.7 million-barrel daily cut for another month until July. The OPEC+ energy ministers also agreed to hold output cut monitoring meetings every month for the rest of the year, with the next meeting scheduled for June 18.
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Tags: #Mexico to Stick to April OPEC+ Deal# Setting Production Cuts Until June - Energy Secretary
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