350.org Responds to OPEC and G20 Nations' Commitments to Oil Production Cuts
April 11, 2020
April 11, 2020
NEW YORK, April 11 -- The 350.org issued the following statement by Executive Director May Boeve:
Amid a global economic recession caused by the COVID-19 pandemic, the last 2 days have seen G20, OPEC, Russia and other oil-producing nations hold extraordinary virtual meetings to negotiate a coordinated plan to restrict production aimed at preventing a historic plunge in the industry. An agreement to end the oil price war between Saudi Arabia and Russia was reportedly reached, as OPEC . . .
Amid a global economic recession caused by the COVID-19 pandemic, the last 2 days have seen G20, OPEC, Russia and other oil-producing nations hold extraordinary virtual meetings to negotiate a coordinated plan to restrict production aimed at preventing a historic plunge in the industry. An agreement to end the oil price war between Saudi Arabia and Russia was reportedly reached, as OPEC . . .