OPEC+ Said To Have Approaching Preliminary Agreement For Deeper Oil Production Cuts For Next Year

OPEC+ Said To Have Approaching Preliminary Agreement For Deeper Oil Production Cuts For Next Year

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The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have collectively decided to implement an additional 1 million barrels a day of oil supply cuts, reinforcing Saudi Arabia's recent extension of its equivalent voluntary reduction. Oil prices moved higher, with WTI trading…

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