Purchase of Strategic Reserves in the US and China May Offset Oil Surplus
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OPEC+ eases voluntary production cuts
Strategic oil stockpiles in the United States and China will offset any potential global surplus of the commodity and keep its prices under control, Alexander Dyukov, head of Russian oil producer Gazprom Neft, said on Friday at an economic forum in St. Petersburg. The report comes from Reuters. The eight members of the OPEC+ alliance, which consists of the Organization of the Petroleum Exporting Countries and other major producers led by Russia,…
·Bratislava Region, Slovakia
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