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OPEC+: Riyadh to reduce oil output, others to extend previous cuts
Video Credit: euronews (in English)
Published on June 4, 2023 - Duration: 00:35s
OPEC+: Riyadh to reduce oil output, others to extend previous cuts
In order to keep crude oil prices stable on the world market, the OPEC+ countries, including heavyweight Russia, have agreed to maintain previous production cuts through 2024, while Saudi Arabia cuts output by 1 million barrels per day.
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