Oil prices rose as much as 2% on hopes of China's reopening and as OPEC+ maintains output cut targets
Oil prices climbed as much as 2% on Monday after China signaled a broader relaxation of Covid curbs, OPEC+ announced its decision not to change oil production targets, and a price cap on Russian oil took effect. - Both futures rose more than 2% in early Asia hours after OPEC+ agreed to maintain…
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