OPEC is Poised to Defy Donald Trump Once Again by Keeping a lid on Oil Output

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OPEC and a group of allies led by Russia are trying to keep supply and demand in balance and stabilize prices by pumping less oil. Over the weekend, a committee representing the so-called OPEC+ alliance strongly signaled the group will extend the policy, which has helped to boost oil prices by about $20 a barrel this year.

Read moreOPEC is Poised to Defy Donald Trump Once Again by Keeping a lid on Oil Output