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OPEC+ Agrees to Cut Output by 2 Million Barrels a Day

OPEC+ agreed to cut its collective output limit by 2 million barrels day, delegates said, as the group seeks to halt a slide in oil prices caused by the weakening global economy. It’s the biggest reduction by the Organization of Petroleum Exporting Countries and its allies since 2020. Bloomberg's Julian Lee and Annmarie Hordern are on "Bloomberg The Open." (Source: Bloomberg)
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