Crude oil grinds higher as OPEC+ reportedly considers extending output cuts

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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Crude oil futures settled higher Tuesday as Reuters reported OPEC and its allies will consider extending voluntary production cuts into Q2.

OPEC+ agreed in November to voluntary cuts totaling ~2.2M bbl/day for this year’s Q1, led by Saudi Arabia rolling over its own

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