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Saudi Arabia production for Oct, Nov and Dec will be 9 million barrels per day

Oil production cuts to be kept in place through year endDecision will be reviewed monthlyAdditional voluntary cut comes to reinforce the precautionary efforts made by OPEC+ countries with the aim of suporting the stability and balance of oil marketsExpect Russia to offer the same. Oil is jumping, rising by $1 now after earlier falling by 50-cents. This may put a true squeeze on the oil market. Russia hinted at it last week so there's some risk of a 'sell the fact' trade here but I think physical... Read More

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Saudi

Arabia

Production

Oct

Will

Million

Barrels

Forex

Posted: Sep 5 2023, 13:02

Author Name: forexlive

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