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Oil: UAE Energy Minister says OPEC close to reaching agreement on extending production cuts

United Arab Emirates Oil Minister Al-Mazroui

  • OPEC members close to reaching agreement on extending production cuts 
  • Says current oil inventories suggest curbs should remain in place
  • OPEC’s production deal should remain or be extended ‘at
    least until the end of the year’

OPEC meeting coming up on  June 25 and 26. Some what to expects:

ForexLive

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