Thursday, April 25, 2024

MARKET UPDATE

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Tag "Oil production quota"

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Oil prices jump 3% as OPEC+ agrees to cut output by 100,000bpd

Oil prices jump 3% as OPEC+ agrees to cut output by 100,000bpd

Oil prices jumped 3 percent as the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, agreed to cut the production quota by 100,000 barrels per day

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