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Monday 1 July 2019

OPEC extends oil cut to prop up prices as economy weakens

VIenna — OPEC agreed on Monday to extend oil supply cuts until March 2020, three OPEC sources said, as the group’s members overcame their differences in order to prop up the price of crude amid a weakening global economy and soaring U.S. production. The move will likely anger U.S. President Donald Trump, who has demanded […] More »

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World Energy Consumption