Oil down almost 4% as ‘generous’ Russia price cap snuffs OPEC cut speculation By Investing.com

Oil down almost 4% as ‘generous’ Russia price cap snuffs OPEC cut speculation By Investing.com

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By Barani Krishnan Investing.com -- A lost opportunity for the West to add to Vladimir Putin’s ire and financial pain is turning out to be a win for oil market bears and European energy consumers. Crude prices tumbled 4% on reports that the Group of Seven nations, or G7, was looking at imposing a…

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