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Oil Prices Soar to Near 14-month High as OPEC+ Extends Output Cuts

2021-03-05 11:20:00| OGI

Both Brent and WTI contracts surged more than 4% on March 5 after OPEC and allies, together called OPEC+, extended oil output cuts into April, granting small exemptions to Russia and Kazakhstan.

Tags: high prices oil output

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