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OPEC+ delays oil hike until April, extends cuts into 2026 – sources

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OPEC+ has agreed to delay plans to raise oil output until April from January 2025 and the group will also take one extra year to fully unwind the cuts by the end of 2026, OPEC sources said. OPEC+, which pumps about half the world’s oil, had been planning to start unwinding cuts from October 2024 ...

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