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Oil prices soar to 1-month high on supply fears

Feb 28, 2019 12:15 IST

Oil prices jumped the most in almost a month after a plunge in U.S. stockpiles. Prices have rallied about 25 percent this year as the OPEC and Russia orchestrated production cuts and Venezuela’s political crisis restricted supplies further,this despite protests by the US President. Infact on Wednesday, the Saudis signaled that this strategy will continue .

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