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Market Extra: OPEC+ has excuse to pause oil production increases after COVID variant sparks crude plunge

Market Extra: OPEC+ has excuse to pause oil production increases after COVID variant sparks crude plunge

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The discovery of a new variant of the coronavirus that causes COVID-19 sent crude-oil prices plunging Friday, giving major oil producing nations a reason to pause planned production increases while blunting criticism from the U.S. and other major energy consumers, analysts said.

...read full article on Market Watch

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