Oil falls by 3% over OPEC, Russia’s plan to boost output

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Oil falls by 3% over OPEC, Russia’s plan to boost output

OpeOuwani Akintayo  01 June 2018, Sweetcrude, Lagos – Oil price fell by 3 percent following a recent report that the Organisation of the Petroleum Exporting Countries, OPEC, will increase production by 1 million barrels per day. The price of Brent crude fell by 3 percent to around $77 a barrel on Thursday compared to 2014 highs …

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