Sunday, June 04, 2023 12:32:30 PM
Sunday, Jun 04, 2023 - 12:05 PM
Update (1205ET):
On Sunday afternoon, Bloomberg quoted a delegate stating that OPEC+ members in Vienna had agreed to extend crude production cuts into 2024. However, the delegate provided no details about the size of the future supply cuts. The delegate also mentioned Saudi Arabia committed to an additional voluntary cut as part of this agreement.
https://www.zerohedge.com/energy/opec-discussing-1-million-bpd-output-cut
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