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Oil Advances on Prospects for OPEC to Extend Production Cuts | Alga Processing
Outlook is bright and prices are rising says Iraqi oil minister Crude Oil: $49.31 barrel, Natural gas: 3.112/MMBtu, Gold:$1327.60 per troy oz News: LONDON—Oil prices gained Tuesday morning, buoyed by signals from Iraq’s oil minister that the country could be open to extending OPEC’s production cut agreement through next year. Brent crude, the global benchmark, rose …