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OPEC+ likely to prolong oil cuts for Q1, sources say

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OPEC+ is likely at its meeting on Thursday to extend its latest round of oil output cuts until the end of the first quarter, four OPEC+ sources told Reuters, to provide additional support for the oil market. OPEC+, which pumps about half the world’s oil, has been aiming to unwind output cuts through 2025. However, ...

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