Trump agrees to help Mexico meet global oil cut target
(VOVWORLD) - US President Donald Trump said on Friday he will help Mexico contribute to global oil output reductions, in a surprise move that could break an impasse among the world’s major oil producers over cutbacks aimed at stabilizing crude prices.
During talks on Thursday inside the Organization of the Petroleum Exporting Countries (OPEC) group, oil producers resolved to make cuts equivalent to around 10% of global supplies, but Mexico balked at the initiative.