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Brent crude price rises after Saudi Arabia agrees to cut oil output
Aggregated Source: ChinaLegalBlog.com

The price of Brent crude has risen after Saudi Arabia agreed to cut its output to firm up oil prices after a weekend of tense talks.

Saudi ministers agreed to cut 1m barrels per day (bpd) from its output from next month at a meeting of the Opec+ group of oil-producing nations in Vienna.…

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