RIYADH — SaudiArabia and seven other OPEC+ countries decided to extend additional voluntary cuts of 2.2 million barrels per day (bpd) for one more month until the end of December 2024. The OPEC ...
The cartel of oil-producing countries expanded to include Russia, and it postponed plans for the return to increased crude production by another month. The decision to delay caused prices to rise.
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