No 'Super Spike' In Oil Price Expected, Analyst Says After OPEC+ Cut: 'Validation Of Weak Market Conditions'
OPEC+ on Sunday announced that it will limit combined oil production to 40.463 million barrels per day in 2024, with voluntary cuts announced by some of the members that were set to expire by 2023 extended to 2024. Saudi Arabia said it would implement an additional 1 million barrel per day cut for…
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