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Oil prices rise on OPEC+ mulling new cuts, US dollar drops
November 20th, 2023 - 09:26 GMT

Oil prices rise on OPEC+ mulling new cuts, US dollar drops

ALBAWABA – The US dollar dropped while Oil prices rose on Monday after the Organization of Petroleum Exporting Countries and its allies (OPEC+) announced over the weekend that they will be looking into further oil cuts to bolster oil prices. The United States (US) dollar slipped against all of its Group-of-10 peers, with Bloomberg’s dollar index down 0.21 percent, at 103.6980 by midday Monday, Amman time. Oil prices, on the ...
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