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OPEC+ Likely To Extend Oil Supply Cuts Until June

Meeting on Dec. 5 coincides with the pricing of Aramcos IPO.

Production from the U.S., Norway, Brazil and Guyana will cut into demand, says report.

Barkindo would not speculate on whether further oil output cuts would be needed.

The cartel may reconsider whether it needs to cut output more deeply.

Cartels next meeting will consider its forecast for a weaker-than-expected global economy in 2020.

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