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Commodities Live: Crude Hit $79 As Saudi Arabi Pledges Additional Cuts; OPEC Outlook Explained

Oil surges as Saudi Arabia announces production cuts to the tune of a million barrels a day for july, taking its daily output down to 9 million barrels. Brent jumps above 78 dollars a barrel.

first published: Jun 5, 2023 01:48 pm

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