Why Opec+ is cutting oil output now

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Why Opec+ is cutting oil output now
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Opec+ makes surprise output cuts of more than 1mn b/d\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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Opec+ makes surprise output cuts of more than 1mn b/d\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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FirstFT: Opec+ makes surprise cuts in oil production\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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Oil prices surge as Opec+ makes unexpected production cut\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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Goldman Sachs Raises Oil Price Forecast Following OPEC+ Cut | OilPrice.comGoldman Sachs Raises Oil Price Forecast Following OPEC+ Cut | OilPrice.comJust hours after OPEC+ shocked markets with an announcement that it would cut oil production further, Goldman Sachs boosted its oil price forecast for 2023 by $5.
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Oil Prices Soar As OPEC+ Shocks The Market | OilPrice.comOil Prices Soar As OPEC+ Shocks The Market | OilPrice.comOPEC+ has sent oil prices soaring with its surprise announcement - an announcement that it is notable was made outside its regular monthly meeting.
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