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Oil futures head higher as Saudi Arabia extends its output cut through December

Por: MarketWatch Business September 05, 2023

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Price action Market drivers of 1 million barrels a day for three months, running to the end of December, the , citing an energy ministry official. The report said Saudi production in October, November and December would effectively be 9 million barrels a day. “Oil prices have rallied as traders have gotten the message loud and clear that OPEC+ is not in the mood to ease supply anytime soon,” Naeem Aslam, chief investment officer at Zaye... + full article



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