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What's next for oil prices after OPEC+ delivers a big production cut

Por: MarketWatch Business October 05, 2022

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Read: On Wednesday, oil futures spent some time trading lower not long after news of the decision, then moved up more decidedly after weekly declines in U.S. crude, gasoline and distillate supplies. Futures for global benchmark Brent crude saw the December contract settle at $93.37 a barrel, up $1.57, or 1.7%, on ICE Futures Europe, U.S. benchmark West Texas Intermediate crude for November delivery added $1.24, or 1.4%, to settle at $87.76 a... + full article



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