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<title>OPEC+ meets to debate production quotas, new cut: Sources</title>
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<description>KEY POINTS &#x26;#x2022; Four sources familiar with OPEC+ discussions told Reuters that additional production cuts were being discussed among options for Sunday&#x26;#x2019;s session. &#x26;#x2022; Three out of four sources said cuts could amount to 1 million bpd on top of existing cuts of 2 million bpd and voluntary cuts of 1.6 million bpd, announced in a surprise move in April and which took effect in May. &#x26;#x2022; OPEC+ pumps around 40% of the world&#x26;#x2019;s crude, meaning its policy decisions can have a major impact on oil prices.</description>
<author>CNBC</author>
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<pubDate>Sun, 4 Jun 2023 19:12:37 GMT</pubDate>
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