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OPEC+ says to reduce oil production by 2 mln bpd from November

MOSCOW, Oct 5 (PRIME) -- The OPEC+ states will reduce their crude oil output by 2 million barrels per day from November basing on the production levels agreed for August, the alliance said in an official communique on Wednesday.

The OPEC+ oil production cut deal has been prolonged until the end of 2023.

The members also agreed to meet less often, and have scheduled the next meeting for December 4.

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05.10.2022 18:09