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drop in price

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Crude oil price falls 2.8 % after reduction agreement between Russia and Saudi Arabia

Saudi Arabia and Russia, members of OPEC+, agreed to maintain the voluntary cut in oil production this November 30. However, the measure could not contain the price drop by 2.8 %, to settle at $82.59 per barrel. The decline in the value of the barrel "occurred a day after several members of the…
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