Oil Price Rises As OPEC+ Reduces Production

Brent, the worldwide benchmark for crude oil, rose in price on Monday as a result of voluntary production cuts by members of the Organization of Petroleum Exporting Countries (OPEC) as well as OPEC allies, known collectively as OPEC+. Oil prices, which were hovering around $70/barrel a month ago, the lowest in almost 15 months, rose … Continue reading Oil Price Rises As OPEC+ Reduces Production

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