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Crude oil gains after Saudi Arabia says OPEC+ may cut production to stabilise market, arrest price slide

Oil rose toward $91 a barrel after Saudi Arabia said OPEC+ may be forced to cut production to stabilize a volatile market. “Extreme” volatility and a lack of liquidity means the futures market is increasingly disconnected from fundamentals, Saudi Arabia’s Oil Minister Prince Abdulaziz bin Salman told Bloomberg. That spurred a choppy session on Monday …

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