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Oil
OPEC+ considers delaying production increase

The cartel is considering postponing the production increases due in April. Meanwhile, a Ukrainian drone attack halts pipeline exports from Kazakhstan.

2/18/2025

Oil prices recently stabilised after a spike when OPEC+ delegates said the group was considering postponing the resumption of production and Ukrainian drones attacked a crude pumping station in Russia, according to Bloomberg.Brent crude traded above $75 a barrel after a slight gain on Monday (17/2/2025), while West Texas Intermediate was at…

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