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OPEC oil price in $40 range as output cuts balance market

posted by Avatar jerome 1220 days ago in USD, Oil made popular 1219 days ago

The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) inched up by 0.77 dollars Thursday but stayed in the 40-dollar-range, as analysts said Friday that output cuts were leading to a more balanced market. read more