Saudis Say OPEC+ to Stay Proactive After Agreeing Supply Cut

  • OPEC+ cuts 100,000 b/d in first group-wide curb since 2020
  • Alliance is attentive and preemptive, Prince Abdulaziz says
OPEC+ to Curb Production by 100,000 Barrels a Day
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The first OPEC+ oil supply cut in more than a year shows the group is serious about managing global crude markets and willing to take preemptive action, said group leader Saudi Arabia.