Global: Eight OPEC+ Members Agree To Phase Out Voluntary Production Cuts Starting in April

The eight OPEC+ countries participating in 2.2 million barrels per days of voluntary oil productions cuts -- Algeria, Iraq, Kazakhstan, Kuwait, Oman, Russia, Saudi Arabia and the United Arab Emirates -- agreed to continue with their previously announced plans to begin unwinding their voluntary product cuts between April 1, 2025, and September 2026, OPEC said in a statement on March 3....