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Thursday, 1 December 2016

Oil prices surge, trading volume records smashed as OPEC and Russia agree

Oil prices surge, trading volume records smashed as OPEC and Russia agree
01 December 2016, Lagos  – An agreement between oil producer club OPEC and Russia to produce less to drain a global glut sent prices soaring in record trading volumes on Thursday. The Organization of the Petroleum Exporting Countries (OPEC) agreed on Wednesday its first oil output reduction since 2008 after de-facto leader Saudi Arabia accepted […] More »

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