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OPEC+ cuts oil production further to stabilize prices, facing challenges in maintaining market share.
OPEC+ is grappling with maintaining oil market stability while protecting its market share.
The group has been cutting production by 5.85 million barrels per day since 2022 but faces uncertainties due to weak demand and rising global crude output.
OPEC+ agreed to reduce output further by 1.8 million barrels per day, helping oil prices rise by 10% to over $53 a barrel.
However, delays in unwinding production cuts may erode the group's credibility and market share.
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La OPEP+ reduce aún más la producción de petróleo para estabilizar los precios, haciendo frente a los retos de mantener la cuota de mercado.