A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020.
Some members of OPEC+, which includes OPEC, Russia and others, announced new voluntary production cuts on April 2. The unexpected move has prompted oil to rally towards $87 a barrel from below $80. on Thursday, the Organization of the Petroleum Exporting Countries said oil inventories looked more ample and global growth faced a number of challenges.A hiring sign is displayed at a restaurant in Mount Prospect, Ill., Mar. 19, 2023. rose to their highest level in more than a year, but remain at relatively low levels despite efforts by the Federal Reserve to cool the economy and job market in its battle against inflation.
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