OPEC+ set to extend cuts after breakthrough with Iraq

The oil cartel is on track to extend its production cuts in an effort to bolster the oil market after a breakthrough in negotiations. The deal could be signed as early as this weekend.

BY JAVIER BLAS AND GRANT SMITH, BLOOMBERG

OPEC+ is set to extend production cuts to prop up the oil market after a breakthrough in high-stakes negotiations, and the cartel could meet as soon as this weekend to sign off on the deal.

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