"production curbs" is a correct and usable phrase in written English
It is often used to refer to governmental regulations, limits, or restrictions on production, usually in the context of industry or business. For example: "The new production curbs have led to a decrease in production in the manufacturing sector."
Some want new production curbs imposed immediately to make milk scarcer and thus more expensive.
Opec members today decided to stick more strictly to existing production curbs rather than pushing for further cuts in output.
Oil prices fell by 2% after talks between Saudi Arabia and Venezuela on possible production curbs ended inconclusively.
Saudi Arabia will bear the brunt of Opec's production curbs, having agreed to a reduction in output of just under 500,000 bpd.
A dip in the oil price on continuing doubts about whether production curbs can be agreed by Opec next month has also hit sentiment in the commodities sector.
At a meeting in Vienna on November 27th the Organisation of Petroleum Exporting Countries, which controls nearly 40% of the world market, failed to reach agreement on production curbs, sending the price tumbling.
The decision could undercut Colombia's $7.5 billion program to curtail coca production and curb the influence of leftist guerrillas.
Mr. Reid outlined four main elements: responding to the Gulf of Mexico oil spill, promoting greater energy efficiency, developing more clean-energy production and curbing power plant emissions.
By January, Avtovaz had 120,000 Ladas in storage; production was curbed drastically to a target of 332,000 units in 2009 at a factory meant to produce a million cars a year.
Oil prices rose above $60 a barrel on Wednesday in New York, settling at $62.04, the highest level since November, after a weekly report from the Energy Department showed a drop in commercial inventories and gasoline production was curbed by fires at two refineries, in Texas and Pennsylvania.
Beyond expectations, E.U. winemaking countries not only managed to agree a couple years ago to a scheme to pull vines and reduce wine production to curb supply and stabilize prices, they're actually carrying out the plan effectively today.
