VOICED : Paises OPEP y no OPEP verificaran recorte de produccion de crudo

VOICED : Paises OPEP y no OPEP verificaran recorte de produccion de crudo

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Interactive Video

Business, Social Studies, Geography

9th - 10th Grade

Hard

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Venezuela, Nigeria, Kuwait, Russia, and Oman will form a committee to verify compliance with production cuts agreed upon by OPEC and non-OPEC countries. This marks the first collaboration of its kind, aiming to ensure adherence to a voluntarily reached agreement. The first meeting to audit production is scheduled for January 21-22. The initiative seeks to prevent market destabilization and speculation. OPEC agreed in November to limit production to curb falling crude prices, with additional non-OPEC producers like Russia joining in December.

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3 mins • 1 pt

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