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Oil Jumps More Than 3% Ahead Of OPEC+ Meeting On Supply Cuts
Reuters
Oct 27, 2022, 1:45 PM
The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, look set to cut output when they meet on Wednesday. The move would squeeze supply in an oil market that energy company executives and analysts say is already tight due to healthy demand, a lack of investment and supply problems.
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