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Oil Prices Spike Ahead of U.S. Elections

Oil Prices Spike Ahead of U.S. Elections

November 5, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--U.S. crude oil prices were in rally mode on the day before presidential elections as OPEC opted to delay the unwinding of voluntary production cuts and a tropical storm threatened production centers in the Gulf of Mexico.

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