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Coronavirus: Major oil producers agree to slash output | DW News

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Newest video updates associated to Coronavirus. Have a take a look at this “Coronavirus: Major oil producers agree to slash output | DW News” video under:


Oil costs have risen after the world’s main producing nations agreed to what’s being known as the largest oil manufacturing minimize ever. The manufacturing cartel OPEC joined Russia and others in an effort to increase the oil value and an power market ravaged by the coronovirus pandemic. Global oil provides will probably be minimize by 10 %.

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26 Comments

  1. Scott Wheeler

    June 6, 2020 at 1:37 am

    Help me with the maths please, oil demand is down 35%. The cut in production is 10%. Shouldn't it be 35%?

  2. Yap Sengwing

    June 6, 2020 at 1:37 am

    I like cheap oil. US should embrace cheap oil to show you are the great
    please uphold save my wallet first policy

  3. Apogeo Adry

    June 6, 2020 at 1:37 am

    The oil is the real mortal virus .

  4. Rene Albert

    June 6, 2020 at 1:37 am

    Yeah, sure…and the Arabs can't run back home fast enough to increase production. Historically thets what they do…

  5. Mr. Quantum

    June 6, 2020 at 1:37 am

    Less co2 output love it

  6. Tom Tom

    June 6, 2020 at 1:37 am

    0:06 Did she say OilPEC??

  7. Gor Xers

    June 6, 2020 at 1:37 am

    İf you don’t wanna listen to him why are you inviting to there?

  8. Cedric Feldmann

    June 6, 2020 at 1:37 am

    Time to buy an Tesla!

  9. WildwoodClaire1

    June 6, 2020 at 1:37 am

    America can once again be proud of President Trump for stepping in to protect the investments of his major donors and the financial interests of Russia and Saudi Arabia, while declining aid to America's cash-strapped hospitals, the US Postal Service, schools, and local and state governments.

  10. Cyrus The Great

    June 6, 2020 at 1:37 am

    Chinese government is responsible for all this pandemic.

  11. prilep5

    June 6, 2020 at 1:37 am

    Cheap oil is bad for the environment

  12. Heli pilot

    June 6, 2020 at 1:37 am

    Don’t blame the virus, it’s the criminal oil cartel, I hope Putin and the Arabs keep pumping oil out , to bad if you don’t get to rip us off anymore , to bad

  13. D B

    June 6, 2020 at 1:37 am

    People are not travelling much. Only for essential shopping or for work.

  14. Meowana Meow

    June 6, 2020 at 1:37 am

    Golden rule: When you see Trump praising a deal that's when you know you are f#cked.

  15. Louis Anthes

    June 6, 2020 at 1:37 am

    So much for the "Green New Deal."

  16. johnny chang

    June 6, 2020 at 1:37 am

    Governments bailout for oil companies, really?

  17. Paul Zed

    June 6, 2020 at 1:37 am

    Is this The Greta Thornberg bumb?

  18. ikm64

    June 6, 2020 at 1:37 am

    nothing like a bit of price-fixing…cartel workings at the very finest…
    No singing the praises of the free market there…
    So good they even got a shout from Mr T. himself…

  19. MrsGxoxo

    June 6, 2020 at 1:37 am

    They should pitch low prices as a “ stimulus bill” to investors because it’s for the failing economy. Once we get up and going they will get their money again. I would think that perspective and pitch would help stabilize that market. Let’s be honest they have plenty of money….

  20. Thomas Johnson

    June 6, 2020 at 1:37 am

    Clean Planet means no profit.

  21. Thomas Johnson

    June 6, 2020 at 1:37 am

    Hey you two dorks oil is dropping

  22. mojo 33

    June 6, 2020 at 1:37 am

    Oh I am so happy that there will be more gain again for the oil companies… Was so worried about their future….

  23. SpeedStriker

    June 6, 2020 at 1:37 am

    Thank goodness we didn't need another war to resolve this crisis. So the Saudis were the ones who gave in the end again. No wonder the US like to keep them around. They know which way the wind blows when things get serious.

  24. Tim

    June 6, 2020 at 1:37 am

    Why bail out big oil when the skies are just beginning to clear?

  25. Aaron Vallejo

    June 6, 2020 at 1:37 am

    Let's escalate our transition to renewables, electric transportation, high insulation and electric heated thermal floors…leaving fossil fuels where we need them…in the ground.

  26. Jesus Almelor

    June 6, 2020 at 1:37 am

    Yah this greedy oil company want more money.

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