OIL MARKET: Prices rise as OPEC+ announces 1.16 million bpd cut
By Eyo Nsima Oil prices have risen to more than $80 per barrel as OPEC+ announced a surprise production cut of about 1.16 million barrels per day. This has further increased the total OPEC+ cut to 3.66 million bpd in the past few months. Consequently, the prices of many crudes, including Brent and Nigeria’s Bonny […]
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