OPEC+ Mulls Deeper Cuts as African Members Face Quota Squeeze; Russia Lifts Gasoline Ban While Saudis Uncover Gas
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Oil markets are focused on upcoming OPEC+ meeting and whether the group will agree to deepen production cuts.
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African OPEC members like Nigeria and Angola face lower 2024 quotas unless they can demonstrate higher capacity.
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Russia lifts gasoline export ban as domestic supplies improve.
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Multiple gas discoveries announced in Saudi Arabia's Empty Quarter desert area.
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Houthi rebels in Yemen seize cargo ship linked to Israel, threatening other vessels.