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Oil Prices Rise to 11-month High after Saudi Arabia Pledges Unilateral Output Cut

2021-01-06 11:15:00| OGI

WTI futures in the U.S. climbed as much as 0.6% to $50.24/bbl, also the highest since Feb. 26, before slipping to $49.96. The contract on Jan. 5 closed up 4.6%.

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