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OPEC+ crude oil production hits two-year low, after cuts by Saudi Arabia

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A Platts survey by S&P Global Commodity Insights has shown that crude oil production by the Organization of Petroleum Exporting Countries (OPEC) and its allies have hit a two-year low due to cuts by the Kingdom of Saudi Arabia The survey also showed that the disruptions in Kazakhstan and Nigeria also outweighs the gains in Iran and Iraq, contributing to …

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