July 4, 2023: OPEC+ Extends Oil Production Cuts
Oil stabilizes as the market reacts to production cuts due to weak economic data. Oil prices remained stable on Tuesday as supply difficulties impacted markets due to planned reductions in August by Saudi Arabia and Russia, the largest crude oil suppliers, in the face of economic data suggesting weak oil demand. Brent crude futures rose … Continue reading July 4, 2023: OPEC+ Extends Oil Production Cuts →Read more
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