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OPEC,allies to maintain oil output cuts despite Trump


OPEC and its allies will stick with their agreement to cut oil supply, pushing for more adherence despite a demand by U.S. President Donald Trump that the producer group ease its efforts to boost crude prices, a Gulf OPEC source said on Tuesday. The OPEC+ alliance will meet in April to decide its output policy. The source said OPEC+ would continue the supply-cut agreement to balance the market until “they see inventories going down from their current level” to their five-year average. 
 
Source:Reuters

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