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OPEC+ maintains output reduction to boost oil prices
OPEC+ maintains output reduction to boost oil prices
Business and Economy
by  AFP

An OPEC+ panel recommended Wednesday that the oil cartel keep its current output reduction strategy unchanged after heavyweights Saudi Arabia and Russia vowed to maintain their cuts to prop up prices. Oil prices recovered in recent months and approached $100 per barrel last week as top producers Saudi Arabia and Russia have taken millions of barrels off the market.