2023-12-02 07:04:00
Oil prices fell today, December 2, for the sixth week in a row, especially after the meeting of the OPEC+ group, in which some members agreed to reduce production voluntarily and not at the level of the entire group.
The prices of US crude futures contracts fell by 0.11%, reaching $75.88 per barrel, while global Brent crude futures contracts fell by 0.32%, bringing the price of one barrel to $80.60.
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It is worth noting that this voluntary reduction comes to 900 thousand barrels per day, in addition to the Kingdom of Saudi Arabia extending its voluntary reduction of one million barrels per day until the end of the first quarter of next year 2024.
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