Home Business OPEC and allies may deepen oil cut deal to 1.6 million bpd... Business OPEC and allies may deepen oil cut deal to 1.6 million bpd – Iraq By Genpie - December 1, 2019 103 0 Facebook Twitter Google+ Pinterest WhatsApp OPEC and allied oil producers will consider deepening their existing oil supply reduction deal by about 400,000 barrels per day to 1.6 million bpd, Iraq’s oil minister said on Sunday.