Saudi Arabia plans new oil cuts as part of OPEC+ deal, sources say

Saudi Arabia plans new oil cuts as part of OPEC+ deal, sources say

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Saudi Arabia will pledge new voluntary production cuts as part of a broader OPEC+ deal to curb output, sources told Reuters, as the group faces flagging oil prices and a looming supply glut. The group, known as OPEC+, reached a deal on output policy after seven hours of talks, the sources said.…

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