Asian shares hit two-year high after Fed signals gradual tightening
May 25, 2017OPEC extends oil output cut by nine months to fight glut
May 25, 2017Oil falls as OPEC prepares to extend output cuts
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LONDON (Reuters) – Oil prices fell on Thursday as OPEC ministers met to decide how long to extend oil production cuts in an attempt to drain a global glut that has depressed markets for almost three years.
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