OPEC+ Agrees to Extend Production Cuts in Bid to Boost Oil Prices

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OPEC+ Agrees to Extend Production Cuts in Bid to Boost Oil Prices

OPEC+ on Sunday agreed to extend all production curbs into next year, a deal that likely signals oil prices will remain elevated through the U.S. presidential election.

The agreement comes on the same day the group’s kingpin, Saudi Arabia, launched a giant sale of shares in its national oil champion that will yield billions to help fund the kingdom’s economic transformation. Read full article HERE

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