VOICED : OPEP acordo recortar produccion por primera vez en ocho anos

OPEC reached an agreement to cut oil production for the first time in eight years, reducing output by 1.2 million barrels per day to 32.5 million. This historic decision aims to rebalance the market and reduce excess stock. While most members will cut production, Iran, Libya, and Nigeria are exceptions. For the first time, non-member countries like Russia are also participating, with Russia cutting 300,000 barrels daily. The announcement led to an immediate rise in oil prices in London and New York, addressing the recent drop in oil prices below $50 per barrel.

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