SITUATION REPORT

Global: OPEC+ Delays Voluntary Production Cut Phase Out by Two Months

Sep 5, 2024 | 20:32 GMT

Saudi Arabia, Russia, Iraq, the United Arab Emirates and other oil producers participating in OPEC+'s voluntary 2.2 million barrel per day production cut agreed to delay the cut's phase out from Oct. 1 to Dec. 1, OPEC+ said in a press release published on its website on Sept. 5....

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