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Oil climbs above $80 as OPEC+ agrees output increase

Oil climbs above $80 as OPEC+ agrees output increase

04 Jan 2022

Brent crude was up $1.50, or almost 2 per cent, at $80.48 a barrel by 1450 GMT and U.S. West Texas Intermediate (WTI) crude rose by $1.48, or 2 per cent, to $77.56.