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OPEC extends oil production cuts amid weaker demand outlook

Started by RSS, July 01, 2019, 05:17:28 PM

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OPEC extends oil production cuts amid weaker demand outlook

The oil producers' cartel, OPEC, is considering a six- to nine-month extension of its current deal to cut production amid weakening demand due to slowing global economic growth.

Source: OPEC extends oil production cuts amid weaker demand outlook