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OPEC+ Delays Meeting, Hedge Fund Suggests Deeper Cuts, Additional Oil Supply Cuts Expected
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OPEC+ delays policy meeting to Nov. 30, causing oil prices to drop. Hedge fund manager suggests deeper oil production cuts may be necessary to offset strong supply growth. OPEC+ to consider additional oil supply cuts at upcoming meeting.
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How might the delay in the OPEC+ meeting impact oil prices?
How might the under-investment and political crises in OPEC+ members affect the group's ability to coordinate actions?
What are the potential consequences of deeper oil production cuts?
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