Oil clawed back some losses for a second session with technical support after OPEC+’s plan to return barrels to the market sparked a selloff at the start of the week.
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Oil price news: Oil extends 2-day climb on renewed optimism for U.S. rate cutsOil advanced for a third day to trade at a one-week high as U.S. jobs data supported the case for U.S. Federal Reserve rate cuts this year, buoying risk assets including crude.
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OPEC+ extends oil cuts to third quarter, discusses 2025, sources sayExplore stories from Atlantic Canada.
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