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Tag: crude-producing

Commercialization, Conventional Fuels

Oil prices are spiking toward 2½-year highs after OPEC extends output cuts

December 1, 2017

Via: CNBC energy

Oil prices spiked higher on Friday, heading toward 2½-year highs the morning after two dozen crude-producing nations agreed to limit their output through the end of 2018. U.S. West Texas Intermediate crude prices rocketed up 98 cents per barrel, or […]