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barrels per day (bpd) for a six-month period beginning jan. , . additionally, in december last year, opec members persuaded non-opec countries, including russia, mexico and kazakhstan, to cut bpd of production as well, bringing the total reduction to about million bpd. as intended, the agreed-upon cuts
offset by increased production from the united states and other countries. as of march , , oil had incurred seven straight days of declines, with west texas intermediate closing at $ –in line with nov. prices. the steep price declines were a reflection of market doubts that opec will extend production cuts...
https://rsmus.com/what-we-do/industries/industrial-products/energy/opec-s-waning-power-and-the-production-standoff.html