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OPEC wants to keep barrel prices above $80/barrel, they announced surprise production cuts this weekend combined with increase demand coming into spring break/summer.$2.85
Will be going up I guess
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OPEC+ announces surprise oil output cuts
Oil prices last month fell towards $70 a barrel on concern that the global banking crisis would hit demand. Still, further action by OPEC+ to support the market was not expected as crude recovered toward $80.
