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ING analysis: OPEC+ shocks market with supply cuts
April 4, 2023
Source: World Oil

ING analysis: OPEC+ shocks market with supply cuts

Several OPEC+ members shocked the market over the weekend, announcing further voluntary supply cuts. These cuts were announced ahead of the Joint Ministerial Monitoring Committee (JMMC) meeting scheduled for April 3, where the expectation was that the committee would recommend keeping output policy unchanged.

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