BR100 Increased By (0.72%)
BR30 Increased By (1.31%)
KSE100 Increased By (0.9%)
KSE30 Increased By (1.08%)
AGHA 6.55 Increased By ▲ 0.23 (3.64%)
BECO 4.40 Increased By ▲ 0.13 (3.04%)
BML 62.45 No Change ▼ 0.00 (0%)
BOP 31.38 Increased By ▲ 0.15 (0.48%)
CNERGY 11.72 Increased By ▲ 0.13 (1.12%)
CSIL 5.93 Increased By ▲ 0.21 (3.67%)
FCCL 61.05 Decreased By ▼ -0.49 (-0.8%)
FFL 14.85 Decreased By ▼ -0.17 (-1.13%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 6.28 Increased By ▲ 0.02 (0.32%)
KOSM 6.06 Increased By ▲ 0.50 (8.99%)
LOTCHEM 24.90 Increased By ▲ 0.22 (0.89%)
MLCF 104.10 Increased By ▲ 0.02 (0.02%)
NBP 174.30 Decreased By ▼ -0.98 (-0.56%)
NCPL 53.00 Increased By ▲ 0.23 (0.44%)
NPL 54.35 Increased By ▲ 0.23 (0.42%)
OGDC 319.78 Increased By ▲ 6.39 (2.04%)
PACE 9.46 Increased By ▲ 0.26 (2.83%)
PAEL 35.85 Increased By ▲ 0.05 (0.14%)
PIBTL 13.85 Increased By ▲ 0.38 (2.82%)
PPL 229.50 Increased By ▲ 7.69 (3.47%)
PRL 80.50 Increased By ▲ 1.42 (1.8%)
PTC 47.00 Increased By ▲ 0.15 (0.32%)
SSGC 24.05 Increased By ▲ 0.18 (0.75%)
TBL 9.34 Increased By ▲ 0.03 (0.32%)
TELE 7.70 Increased By ▲ 0.31 (4.19%)
TPL 24.85 Decreased By ▼ -0.26 (-1.04%)
TPLP 12.89 Increased By ▲ 0.38 (3.04%)
TREET 26.01 Decreased By ▼ -0.24 (-0.91%)
TRG 53.80 Increased By ▲ 0.36 (0.67%)
World

Mexico says US agreed to make extra 250,000 bpd in oil cuts

"President Trump said the United States committed to reducing by 250,000 (barrels), on top of what it was going to
Published Updated
By
  • "President Trump said the United States committed to reducing by 250,000 (barrels), on top of what it was going to do, for Mexico, in order to compensate," he said.
  • Lopez Obrador said US President Donald Trump had spoken to him on Thursday before Mexico said it would cut output by 100,000 barrels per day.

MEXICO CITY: The United States agreed on Thursday to make 250,000 barrels per day in additional cuts to oil output to help Mexico make its contribution to global reductions, Mexican President Andres Manuel Lopez Obrador said on Friday.

Speaking at a news conference, Lopez Obrador said US President Donald Trump had spoken to him on Thursday before Mexico said it would cut output by 100,000 barrels per day - less than oil producers had initially wanted it to.

"President Trump said the United States committed to reducing by 250,000 (barrels), on top of what it was going to do, for Mexico, in order to compensate," he said.

Comments

Comments are closed for this article.