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On April 29, as outputs are slashed across major oil producers, oil prices are beginning to rise slowly again. In New York, crude oil futures rose to $14 a barrel and Russian oil companies will further cut production by 19%.

Oil Prices Rise As Production Cuts Near

On April 29, as outputs are slashed across major oil producers, oil prices are beginning to rise slowly again. In New York, crude oil futures rose to $14 a barrel and Russian oil companies will further cut production by 19%.

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