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Home Stock Analysis OPEC’s planned oil production increase could boost Biden’s reelection hopes, analysts say

OPEC’s planned oil production increase could boost Biden’s reelection hopes, analysts say

by xyonent
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SlavkoSereda/iStock via Getty Images

U.S. crude oil prices fell for a fifth straight session on Tuesday, closing at their lowest level since early February, adding to losses the previous day caused by OPEC+’s decision to begin partially lifting additional voluntary production cuts in October.

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