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With oil prices slumping, OPEC+ producers weigh more production cuts

Por: ABC News Business June 04, 2023

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FRANKFURT, Germany -- The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in supply to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to U.S. drivers and helped ease inflation worldwide.The 23-member group is meeting Sunday at OPEC headquarters in Vienna after sending mixed signals about possible moves. Saudi Arabia, dominant among... + full article



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