Saturday, June 6, 2020

OPEC, Russia to extend record oil cuts to end of July amid pandemic

GLOBAL-OIL/RUSSIA-SIBERIA

OPEC, Russia and allies were set on Saturday to extend record oil production cuts until the end of July after crude prices doubled in the past two months on the back of their efforts to withdraw almost 10% of global supplies from the market.



source https://www.cbc.ca/news/business/opec-russia-extend-oil-cuts-1.5601719?cmp=rss

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