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OPEC+ Leaves Traders With Cliffhanger as Stormy Chapter Ends

Bloomberg.com · last updated

OPEC+ closed a two-year chapter in its oil strategy on Sunday with the last in a series of bumper oil production increases. But it left crude traders with a cliffhanger.

Saudi Arabia and its partners have stunned oil markets and capped futures prices in recent months by pushing more barrels into a fragile global market, offering relief to consumers and a fillip for President Donald Trump.

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