Oil prices slip after OPEC, allies agree to loosen supply curbs - THEMARKETTRENDZ

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Wednesday, 15 July 2020

Oil prices slip after OPEC, allies agree to loosen supply curbs

OPEC+ has been cutting output since May by 9.7 million barrels per day, or 10% of global supply, but from August, cuts will officially taper to 7.7 million bpd until December.

from Commodities-Markets-Economic Times
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