OIL
The unwinding of the 2.2mn bbls have been pushed back by 3 months and will be gradually over an 18-month period Amena Bakr says on X.
- The collective group cut layer of 2 million bpd will be extended until the end of 2026.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
The unwinding of the 2.2mn bbls have been pushed back by 3 months and will be gradually over an 18-month period Amena Bakr says on X.
- The collective group cut layer of 2 million bpd will be extended until the end of 2026.
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