OPEC+ announces surprise oil cuts of around 1.16 million barrels per day from May to year-end

The latest reductions could lift oil prices by $10 per barrel, the head of investment firm Pickering Energy Partners said on April 2, while oil broker PVM said it expected an immediate jump once trading starts after the weekend.

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April 3, 2023

The latest reductions could lift oil prices by $10 per barrel, the head of investment firm Pickering Energy Partners said on April 2, while oil broker PVM said it expected an immediate jump once trading starts after the weekend.

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