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Oil rises by 1% as Saudi Arabia, Russia stick to cuts
Credit: IndiaTimes- Published on November 6, 2023
Oil prices increased as Saudi Arabia and Russia confirmed their commitment to continue voluntary supply cuts until the end of the year. Brent crude rose 1.21% to $85.92 a barrel, while U.S. West Texas Intermediate crude increased by 1.33%. However, the gains may be limited due to a decrease in Chinese refinery throughput and...
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