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Goldman expects an ‘uneventful’ three-month OPEC output cut extension
Reuters Goldman Sachs said on Monday the Organization of the Petroleum Exporting Countries (OPEC) and its allies will likely extend its current output curbs through June, but expects the “uneventful” three-month extension to provide little support to prices. OPEC and other global producers including Russia, a group known as OPEC+ have been cutting output by 1.2 million barrels per day