OPEC producers announce voluntary oil output cuts – by fx_ross OPEC Oil WTI
Saudi Arabia and other OPEC+ oil producers have announced further oil output cuts of around 1.16 million barrels per day.
In a statement, the Saudi energy ministry said that the kingdom’s voluntary cut was a precautionary measure aimed at supporting the stability of the oil market., crude oil rose to the highest in three weeks on Friday touching $75.68 as a high in the spot market.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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