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Source: Reuters
Description: Saudi Arabia said it would make cuts of a million barrels per day
in July. The announcement came at the OPEC+ meeting in Vienna. The group
overall also agreed to extend a deal that agreed to cut oil production by 3.66
million barrels per day until the end of 2024. The seven hour-long meeting on
Sunday of the oil-rich nations came against a backdrop of falling energy
prices.
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