The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut

The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut

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The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut. Ramzi Boudina/Reuters OPEC+ nations announced oil output cuts totaling 1.2 million barrels a day on Sunday. Crude oil futures rose as much as 8% on the news. They had…

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