Saudi Arabia, other 7 OPEC+ members extend voluntary oil cuts until December-end

03/11/2024 Argaam
Logo of OPEC

Logo of OPEC 

Eight OPEC+ countries group—Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman agreed to extend the voluntary adjustments announced in November 2023, totaling 2.2 million barrels per day, for one month until the end of December 2024.
These countries previously announced additional voluntary production adjustments in April and November 2023.

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