Opec+ unleashes shockwaves with big cut to oil production

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Not possible to understand what was decided! Reduced quotas with 2 mbbl does not have any effect when underproduced with 3 mbbl! Saudi prices yesterday for next month was not changed!

Hope not to cut oil production in a near future

Its shocking, but like a corporation they seek profits and we are customers. I doubt given a reversal of roles we would leave money on the table to help any of the countries in OPEC.

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