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Oman , Friday 17 April 2026

The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut

Published on: Monday 03 April 2023

The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut The WTI and Brent crude oil futures jumped as much as 8% and were both 5.6% and 5.4% higher at $79.89 and $84.23 a barrel respectively.


News source: https://www.msn.com/en-us/money/markets/the-banking-crisis-hammered-crude-oil-prices-so-much-that-opec-stepped-in-with-a-shock-1-million-barrel-a-day-production-cut/ar-AA19oOgq

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