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Oil prices spark after Opec pauses output hikes

By Abigail Townsend

Date: Monday 03 Nov 2025

(Sharecast News) - Global oil prices pushed higher on Monday, after Opec and its allies agreed to curtail plans to hike output.
Meeting on Sunday, eight Opec+ members - including leading members Saudi Arabia and Russia - agreed to increase December's output targets by 137,000 barrels per day (bpd), unchanged on...

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