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OPEC+ production cuts extended - June 2

Posted: Sun Jun 02, 2024 10:45 am
by dan_s
OPEC+ extend cuts to end of 2025

This was expected, so may not have much impact on oil prices.

Steady draws from U.S. commercial crude oil inventories during June should drive up oil prices this summer.

We are flying home from Puerto Vallarta today. I will be at my desk tomorrow and we have a live webinar on Tuesday.