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OPEC advisory group recommends cut of 1.3 million barrels a day to December 6 oil cartel summit

It's only an advisory group with no decision-making power, but the recommendation from the Organization of Petroleum Exporting Countries Economic Commission Board is the first step in changing production policy at OPEC & Friends. Today the group told OPEC oil ministers, who will make the actual decision on December 6, that the oil market is […]

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