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OPEC+ looks to a future with Russia beyond the pandemic’s oil output cuts

May 31, 2022 Comments Off

Come September, OPEC’s oil production cuts with Russia and nine other allies are scheduled to be fully phased out, returning the group’s output targets to pre-pandemic levels. The market management pact officially continues through December, and by all accounts, the coalition is keen to continue its partnership, enjoying the windfall of higher oil prices and girding together in the fight…