OPEC+ oil cut extension is a victory for Saudi Arabia
OPEC+ agreed to a one-month extension of its record oil-production cuts and adopted a stricter approach to ensuring members don’t pump more than they pledged. The deal will underpin the oil market’s recovery, easing the financial pain felt by resource-dependent emerging economies, shale explorers i»»»
Opec+ agrees to cut oil output until July end
Dubai: The energy minister of the United Arab Emirates, Suhail Al Mazrouei, says Opec+ agreed to extend oil output cuts until end of July. OPEC+ agreed to a one-month extension of its record output cuts after adopting a more stringent approach to ensuring members don't break their production pledge»»»
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