bingobingo39| Expectations to extend OPEC + production reduction plan push oil prices higher: 2.2 million barrels per day production cuts will continue until 2024

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International oil prices are affected by the OPEC + production reduction plan and are expected to move steadily in the future.

According to the latest market analysis report, OPEC + recently announced its decision to continue to implement its production reduction plan for the rest of the year. This strategy has received widespread support from member states and is expected to have a positive impact on oil prices. Analysts believe the move will help stabilize the current global oil market and may promote an increase in oil prices in the second half of this year.

Analysts at Mitsubishi J pointed out that based on historical data and current market trends,bingobingo39They predict that the extension of OPEC + production cuts will help push oil prices higher. The continued implementation of the production reduction agreement may help reduce supply, contrasting with continued growth in oil demand, thereby providing support for stronger oil prices.