Opec+ extends oil output cuts into 2025 as members seek to bolster market

Tepid demand growth, high interest rates and rising US crude production weigh on prices

Saudi Energy Minister Abdulaziz bin Salman.
Saudi Energy Minister Abdulaziz bin Salman.Photo: REUTERS/SCANPIX
Published 3 June 2024, 06:09Updated 3 June 2024, 06:09
Opec+UAEAbdulaziz bin SalmanAfricaNorth Africa