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OPEC Confirms 2 Month Production Increase Delay

OIL

“SAUDI ARABIA, RUSSIA, IRAQ, THE UNITED ARAB EMIRATES, KUWAIT, KAZAKHSTAN, ALGERIA, AND OMAN EXTEND VOLUNTARY CUTS “


“**OPEC SAYS EIGHT PARTICIPATING COUNTRIES HAVE AGREED TO EXTEND THEIR ADDITIONAL VOLUNTARY PRODUCTION CUTS OF 2.2 MILLION BARRELS PER DAY FOR TWO MONTHS UNTIL THE END OF NOVEMBER 2024 – STATEMENT” – rtrs


“*OPEC+ CUTS EXTENDED FOR 2 MONTHS, TO BE PHASED OUT FROM DEC.” - bbg


  • Follows widely distributed sources led headlines earlier of the same nature

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