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2020 May 25   09:35

Oil prices rise by 0.26%-0.78%

Oil prices are recovering after a fall last Friday

On 25 May 2020 (08:31, Moscow time), Brent Crude Oil futures price climbed by 0.26% to $35.22 per barrel, Light (WTI) for June delivery fell by 0.78% to $33.51 per barrel. 

On 12 April 2020, OPEC+ approved new oil output cut by 9.7 million bpd in May-June, 7.7 million bpd in the second half and 5.8 million bpd by May 2022.

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