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OPEC+ agree to add only 400,000 barrels per day in November Updated: 2021-10-05 13:37:38 KST

The oil ministers of OPEC, and their allies in OPEC plus have decided to stick with their existing plan for production and add oil to the market only gradually.
The 23-member group agreed Monday to raise production in November by a modest 400-thousand barrels a day.
The announcement caused crude prices to spike to above 78 dollars a barrel, the highest level since 2014.
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