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Cut production costs.
Others have been ordered to cut production.
Are they ready to cut production at these levels?
"They cut production and cut production and cut production, and all it did, more or less, was wreck their economy for the next twenty years," Kopits said.
Honda and Nissan have also cut production in the UK.
USG has already cut production by 18percentt.
"They've got to cut production, which will send costs up.
As the economy slowed last year, they cut production sharply.
But even troubled firms do not necessarily cut production.
On top of that, traders know that the fact that OPEC is saying it's going to cut production is no guarantee that its members actually will cut production.
Most oil producers have refused to cut production in order to stabilise prices.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com