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  • September 6th, 2022

Oil prices inch lower on symbolic OPEC+ output cut

Oil prices edged lower on Tuesday, paring gains from the previous session, as an OPEC+ deal to cut output by 100,000 barrels per day in October was seen as a largely symbolic move to bolster prices after the market’s recent slide.

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https://www.reuters.com/business/energy/oil-dips-symbolic-opec-output-cut-2022-09-06/

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