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OPEC+ is set to meet today to discuss planned Oil output increases. This 23-country supercartel has had an outsize effect on global petroleum prices as their production coordination responded to COVID-19.
Oil dropped after the U.S. asked some of the biggest Oil-consuming countries to join it by tapping into stockpiles to manage global energy prices, according to people familiar with the matter.
The U.S. and China reached a surprise climate deal in which they vowed to join forces to reduce global warming. Might this impact the energy market?
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