Oil prices at 4-month high as U.S. crude supply posts biggest decline of the year and OPEC+ tapers output cuts

OPEC+, said they will ease record prod. cuts of 9.7 barrels per day to 7.7 m barrels per day starting in Aug

Saudi Energy Minister said actual cuts will be at roughly 8.1 m to as much as 8.34 m barrels per day

 

 

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Source: Market Watch

 

 

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