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    2024-11-05

    [News] OPEC Delays Production Increase by One Month, Triggering Oil Price Rebound

    Macroeconomics

    OPEC+ announced on November 3 an extension of its voluntary production cut of 2.2 million barrels per day for an additional month, resulting in a short-term rebound in oil prices. Recently, due to a global demand slowdown, the three major energy agencies have all downgraded their forecasts for gl...

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