This past weekend, OPEC+ struck a deal to extend production cuts into 2024 to support the oil market. And aside from official production cuts, it is possible that individual member countries will announce further voluntary cuts, as did Saudi Arabia.
OPEC+ Meets, Saudi Voluntarily Cuts Production
OPEC+ Meets, Saudi Voluntarily Cuts…
OPEC+ Meets, Saudi Voluntarily Cuts Production
This past weekend, OPEC+ struck a deal to extend production cuts into 2024 to support the oil market. And aside from official production cuts, it is possible that individual member countries will announce further voluntary cuts, as did Saudi Arabia.