Oil Prices Seesaw on New OPEC+ Production Cut

Oil Prices Seesaw on New OPEC+ Production Cut

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Oil prices swung after the OPEC+ cartel agreed to another output cut of 1 million barrels per day. Brent, the global benchmark for crude, recently rose 1.3% to trade at $83.49 a barrel before giving back the gains and falling 1.8%. Saudi Arabia also agreed to extend a previous output reduction…

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