International Economic

OPEC+ agrees to cut output by 100,000 bpd in October

By Michele Maatouk

Date: Monday 05 Sep 2022

(Sharecast News) - OPEC and allied oil-producing countries agreed on Monday to cut oil production by 100,000 barrels per day from next month.
The move, aimed at stabilising global markets, will take supplies back to August levels.

OPEC+ also left the door open to resume discussions on output targets before...

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