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Oil prices inch up ahead of OPEC+ meeting
June 2, 2020
Source: Reuters

Oil prices inch up ahead of OPEC+ meeting

Oil prices crawled higher on Tuesday, with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a meeting expected later this week. Brent crude futures rose 0.4%, to $38.49 and WTI crude futures last traded unchanged at $35.44. Brent has doubled over the past six weeks, thanks to supply cuts by the OPEC+.

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