Oil slumps 5% as rising OPEC+, Iranian output weighs - Business News, Finance News, Share Market News - Market trendz

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Tuesday 6 April 2021

Oil slumps 5% as rising OPEC+, Iranian output weighs

The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, agreed on Thursday to monthly production hikes from May to July. OPEC member Iran, exempt from making voluntary cuts, is also boosting supply.

from Commodities-Markets-Economic Times
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