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OPEC+ wants concrete rate cuts before factoring impact on oil demand, Saudi energy minister says

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The prominent OPEC+ oil producers’ alliance is awaiting concrete central bank action on interest rates before factoring in the potential impact on the energy demand landscape, according to Saudi Arabia’s energy minister. “Central banks, with all respect, they’re flip-flopping [on their messaging],” Prince Abdulaziz bin Salman said during a Sunday press briefing, in response to ...

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