Commodities PEMEX

President Of Mexico López Obrador and Trump Make A Deal

President Donald Trump said the United States would cut its oil production to assist Mexico in keeping alive a deal between OPEC and other oil-producing countries to boost global oil prices.

Mexican President Andrés Manuel López Obrador said on Friday his country would reduce its production by 100,000 barrels per day, and that the United States would contribute another 250,000 barrels per day in cuts to help Mexico — a pledge that Trump seemed to confirm.

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