Crude Oil Prices

Oil prices turned negative, giving back a more than 12% gain

Oil prices turned negative, giving back a more than 12% gain, as the Street awaited details on production cuts from OPEC and its allies, known as OPEC+.

According to Reuters, OPEC+ would cut output by 12 million barrels per day, with an additional 5 million barrels per day cut by producers outside of the group

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