Wed, September 10, 2008
Business > Industries

OPEC to cut production by 520,000 bpd

2008-09-10 02:43:29 GMT2008-09-10 10:43:29 (Beijing Time) Xinhua English

Traders in the oil options pit work at the New York Mercantile Exchange, Sept. 9, 2008. OPEC oil ministers have decided to cut the group's output by 520,000 barrels per day in the next 40 days, the oil cartel's president said Wednesday. (Xinhua/Reuters Photo)

VIENNA, Sept. 10 (Xinhua) -- OPEC oil ministers have decided to cut the group's output by 520,000 barrels per day in the next 40 days, the oil cartel's president said Wednesday.

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