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Thursday 2 September 2021

Crude oil price hits $72 a barrel after OPEC+ agree to raise production quota

Crude oil price hits $72 a barrel after OPEC+ agree to raise production quota: Global benchmark Brent oil was little changed, near $72 a barrel, after OPEC+ stuck with a plan to boost crude production, wagering that the market can absorb the additional supply. Following a swift meeting on Wednesday, ministers from the Organization of Petroleum Exporting Countries (OPEC) an ...

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