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OPEC announces the biggest cut to oil production since the start of the pandemic

Por: CNN Business October 06, 2022

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London CNN Business  —  OPEC+ said Wednesday that it will by 2 million barrels per day, the biggest cut since the start of the pandemic, in a move that threatens to higher just weeks before US . The group of major oil producers, which includes Saudi Arabia and Russia, announced the production cut following its first meeting in person since March 2020. The reduction is equivalent to about 2% of global oil demand. The price of Brent crude oil... + full article



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