Latest in Tag: Oil markets Highlight

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Latest in Tag: Oil markets

Oil markets hope for OPEC production cut

OPEC ministers will assemble in Vienna this week to discuss an extension to oil production cuts to stabilize the price. Saudi Arabia and Russia have already signaled their commitment, but some doubt its effectiveness.With the price of oil recovering from $47 a barrel in early May to $54, the market appears to be benefiting from …

Deutsche Welle

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