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OPEC Production Voluntary Cut Phase Out

OIL

“ENERGY INTEL DEPUTY BUREAU CHIEF BAKR VIA X: THE GROUP SAID IT WILL MAINTAIN "THE FLEXIBILITY TO PAUSE OR REVERSE THE ADJUSTMENTS AS NECESSARY. THE OVERPRODUCING COUNTRIES ALSO RECONFIRMED THEIR COMMITMENT THAT THE ENTIRE OVERPRODUCED VOLUME WILL BE FULLY COMPENSATED FOR BY SEPTEMBER 2025."”


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