Oil rises after OPEC+ extends output cuts

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9 months ago

Oil prices rose on Monday after OPEC+ members agreed to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter, largely in line with market expectations. Brent futures was 28 cents, or 0.3 percent higher, at $83.83 a barrel at 0134 GMT, while the U.S. West Texas Intermediate (WTI) rose

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