Oil rises after OPEC+ keeps output steady, Russian price cap imposed

Oil rises after OPEC+ keeps output steady, Russian price cap imposed

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Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a G7 price cap which kicked in on Russian crude. At the same time, in a positive sign for fuel demand in the world’s top oil importer, more Chinese cities eased COVID-19 curbs over the…

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