Mexico's 100,000 bpd contribution to OPEC+ oil cuts will last two months

Mexico’s 100,000 barrel per day contribution to a historic global oil output cut will only apply during May and June, Energy Minister Rocio Nahle said on Wednesday, Reuters reported.

The OPEC+ group of oil-producing countries agreed on Sunday to remove 9.7 million barrels per day from oil markets to help offset a collapse in demand caused by the coronavirus pandemic.