Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics on Nostr: OPEC+ Extends Production Cuts Through 2025 Amid Market Volatility =============== ...

OPEC+ Extends Production Cuts Through 2025 Amid Market Volatility
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#12d86ea3 ver:2.67

OPEC+ extends production cuts through 2025 to support oil prices amid market volatility. Saudi Arabia and allied countries will maintain production levels, including collective cuts of 2 million barrels per day. The move aims to fund Saudi Arabia's economic diversification and Russia's war efforts. Oil prices remain stagnant due to higher interest rates, slower economic growth, and rising non-OPEC supply. US oil inventories increase, impacting prices. Focus on US economic data and labor market performance for market movements. #OPEC #oilprices #marketvolatility...

#newstr #Opec+ #OilPrices #SaudiArabia #Russia #Economy #FossilFuel #UkraineConflict #Brent #GasolinePrices #FuelPrices

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