Saudis to cut another 1M bbl/day while OPEC+ extends reductions into 2024 (NYSEARCA:USO)

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Working Pumpjacks On Sunset

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Saudi Arabia said Sunday it will make an additional voluntary cut of 1M bbl/day of crude oil starting in July as part of a new OPEC+ agreement that includes an extension of voluntary cuts through 2024.

The move would come



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