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Oil prices jumped more than 2% on Friday, heading for weekly gains, as Russia announced plans to reduce oil production next month after the West imposed price caps on the country’s oil and oil products. Brent crude futures rose US$2.17, or 2.57%, to US$86.67 a barrel by 0900 GMT. U.S. …
Read More »Oil Prices Jump More Than 2% On Russian Plan To Cut Output
