Asia stocks wobble as OPEC output cuts, weak US data raise uncertainty
News2023-04-04
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An announcement on Sunday of output target cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC , propelled oil prices higher and complicated the inflation outlook. Brent crude was up 0.5% to $85.39 per barrel, after jumping over 6% overnight.
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