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OPEC countries and outside it agreed to reduce oil production

Baghdad, Oil sources confirmed that Russia and Saudi Arabia will cut 2.5 million barrels per day for each according to a new oil agreement in May and June.

Iraq will reduce 1.06 million, the UAE 0.72 million, Kuwait 0.64 million, Kazakhstan and Nigeria around 0.4 million each of them.

Source: National Iraqi News Agency

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