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How Will Saudi Arabia's Oil Cuts Affect Energy Market and When Will Brent Hit $100? - Vimarsana News

How Will Saudi Arabia's Oil Cuts Affect Energy Market and When Will Brent Hit $100?

Saudi Arabia has decided to cut its oil production by another million barrels per day starting from July. Meanwhile, OPEC+ signaled that it would proceed with limiting combined oil production to 40.463 million barrels per day through December 2024. How could it affect the global energy market?