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Mexico to cut oil output by 100,000 bpd from May: officials

Mexico will reduce its oil output by 100,000 barrels per day (bpd) from May after top oil producers collectively agreed to cut production by 9.7 million barrels per day.

OPEC, Russia approve biggest ever oil cut amid coronavirus pandemic

OPEC, Russia and other oil producing nations agreed to cut output by a record amount, representing around 10% of global supply amid coronavirus pandemic.

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