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  1. OPEC+ extends key oil production cuts to 2025 to stabilize market

    OPEC+ extends key oil production cuts to 2025 to stabilize market

    New Delhi [India], OPEC+ has announced to extend its substantial oil production cuts till 2025 in an aim to stabilize the market amid sluggish demand growth, increased interest rates and rising US oil production. The group will maintain its current cut of 5.86 million barrels per day (bpd), with...
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    • 5.86 amid cuts demand economic extended group interest market million phased production rates rising voluntary
    • Category: Business & Economy
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