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Oil price go up

Oil prices jumped early on Tuesday, after Saudi Arabia reported that it had cut its crude oil production in July compared to June, in a move seen as an attempt to avoid another glut that could put downward pressure on the price of oil.
 
WTI Crude was up 1.28 per cent at $68.06 and Brent Crude was trading up 1.43 per cent at $73.65.
 


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