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· *Oil prices jumped Monday after Saudi Arabia said it will further cut production beginning in June to boost prices. *
· *Saudi Arabia also said it would lower May production from the current target of 8.5 million barrels per day. *
· *West Texas Intermediate crude oil surged 2.3% to $25.32 a barrel Monday morning...
Oil gains after Saudi Arabia says it will cut production further to boost prices
Business Insider
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