United Arab Emirates’ energy minister Suhail al-Mazrouei said on Saturday that an OPEC+ decision to cut oil supply will have a major impact on rebalancing the oil market amid the coronavirus outbreak. “The group’s decision to cut supply will be the largest ever cut in the history which will help balancing the oil supply and demand,” Al Mazrouei said on Twitter. The minister thanked Saudi Arabia, which had called for the meeting, during which OPEC led by Saudi Arabia and its allies led by Russia, which together make up the informal OPEC+ group, forged a pact to curb crude production by 10 million barrels per day (bpd) or 10% of global supply in marathon talks on Thursday. Read more: Explained: Has Mexico derailed a potential armistice in the Saudi-Russia oil war? Coronavirus: Can the US government enforce oil output cuts along with Russia, OPEC? Actual oil output cut will be bigger than 15 mpbd due to 2018 baseline: Saudi source اي استفسار أو طلب خاص بخصوص التوظيف يمكنك التواصل مع الابميل التالي – مجير الموقع : alturky28@gmail.com لطلبات التصميم او البرمجة التواصل مع : hamzalaabar@gmail.com