Oil at 7-year high after OPEC+ decides on cautious increase

The price of a barrel of crude jumped by 3 per cent, or $2.32, to $78.17 on the New York Mercantile Exchange, the highest since 2014. The Brent international benchmark hit a new 3-year high at $81.48, up 2.8 per cent on the day.

from Commodities-Markets-Economic Times
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