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OPEC extends oil production cuts to end of 2018

Members of the Organisation of Petroleum Exporting Countries (OPEC) have agreed to extend oil production cuts to the end of 2018. This decision was made on Thursday at the 173rd

Oil falls below $40 as Iran threatens oversupply

Crude oil prices fell to what used to be a six-year-low, plunging below $40 less than 24 hours after Iran threatened to increase supply by 500,000 barrels a day. In

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