Oil Rises With Inventory Draws Expected in Wake of OPEC+ Cuts

Oil Rises With Inventory Draws Expected in Wake of OPEC+ Cuts

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Oil rose as traders weighed Saudi Arabian and Russian production cuts after a slew of low-volume trading sessions. The two OPEC+ linchpins announced their latest batch of curbs on Monday, with a supply-cut extension by Riyadh and a fresh pledge to reduce production from Moscow. Brent settled above…

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