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Oil Prices Jump After Surprise OPEC Production Cut

Adding to global economic uncertainties, oil prices rose about 5 percent on Monday after Saudi Arabia and other major producers announced a surprise cut in crude production.

Stanley Reed
Author: Stanley Reed

Written by

Stanley Reed

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Inflation (Economics), Oil (Petroleum) and Gasoline, Organization of the Petroleum Exporting Countries, Prices (Fares, Fees and Rates), Saudi Arabia
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