OPEC Nations Are Forcing Big Oil Producers to Shoulder Some of Their Supply Reductions

OPEC Nations Are Forcing Big Oil Producers to Shoulder Some of Their Supply Reductions

OPEC nations want big oil producers in their countries to take part in their efforts to stabilize the oil market.. Some nations have ordered producers operating in their countries to reduce their supplies.. Several countries have asked producers to reduce output at some of their locations.. Overall, BP gets half its oil supplies from countries participating in the OPEC+ alliance.. These companies will likely need to participate in the supply reductions by those nations.. OPEC Nations Are Forcing Big Oil Producers to Shoulder Some of Their Supply Reductions @themotleyfool #stocks $RDS.A $CVX $COP $BP $OXY $TOT $RDS.B $EQNR $E.