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The most recent downward slide was primarily caused by OPEC+’s decision to boost its oil output again in June by roughly three times more than expected. The oil-producing bloc announced Saturday ...
NEW YORK/LONDON, May 5 (Reuters) - Oil fell by more than $1 a barrel on Monday to settle at over four-year lows as an OPEC+ decision to expedite its output hikes stoked fears about rising global ...