Tag Archives: production cuts

Opec+ extends production cuts, reaching impressive milestone of 3.66 million bpd

Opec+ extends production cuts, reaching impressive milestone of 3.66 million bpd

Oil-producing countries have united in their efforts to restore stability to the oil market and tackle the issue of oversupply. The recent announcement by Saudi Arabia to cut one million barrels per day (bpd) of oil production for the month…

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