VOICED : OPEP y sus socios prorrogan nueve meses los recortes de petroleo

OPEC and its partners have agreed to extend oil production cuts for nine months until March 2018. They considered deeper cuts if necessary, analyzing various contingencies and the impact of non-member countries. Despite these efforts, the cuts have not significantly reduced oil inventories or increased prices, which remain around $50 per barrel, far from the $100 mark of three years ago. The agreement, driven by Saudi Arabia and Russia, aims to counteract the growing competition from the United States.

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