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Published 16 days ago

Sources: OPEC+ has expanded oil cuts.

Summary by شفق نيوز
Newsweek did not start or write it after official talks about extending the 2.2 million barrels a day voluntary oil production cuts to post-June, but three sources from OPEC said they might retain their cuts if demand fails to rise. And OPEC+ has been carrying out a series of production cuts since late 2022 amid rising production from the United States and other non-member producers, and demand concerns at a time when major economies are struggl…

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