Oil extends gains on OPEC+ surprise cuts

Oil extends gains on OPEC+ surprise cuts

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Oil prices rose on Tuesday after OPEC+ plans to cut more production jolted markets the previous day, with investors’ attention shifting to demand trends and the impact of higher prices on the global economy. Brent crude futures were up 43 cents, or 0.5 per cent, to $85.36 a barrel by 0925 GMT.…

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