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Reuters first with news of Saudi-UAE OPEC compromise; oil prices fall

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Reuters was first to report that OPEC heavyweights Saudi Arabia and the United Arab Emirates have reached a compromise on OPEC+ oil policies. The development means oil producers will likely increase global supply to help tame soaring prices. Oil prices fell about $1 per barrel on the news.

The post Reuters first with news of Saudi-UAE OPEC compromise; oil prices fall appeared first on Reuters News Agency.

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