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crude production hikesCNBC
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77% Informative
Saudi Energy Minister Abdulaziz bin Salman said OPEC+ had to undertake a "reality check" and reconcile supply-demand signals with market sentiment.
OPEC+ "precautionary" decision to postpone crude production hikes until after the first quarter bides the group time to assess developments in global demand, European growth and the U.S. economy.
The oil producers' alliance agreed to extend several output cuts on Thursday .
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