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FRANKFURT: Oil prices jumped Monday after OPEC and allied oil producing countries stayed with their gradual approach to restoring output slashed during the pandemic, agreeing to add only 400,000 barrels per day in November. The decision Monday by the Vienna-based oil cartel tracks with its established schedule of adding back that amount of oil every
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Bloomberg with a report on Chinese authorities looking to stem contagion risk from Evergrande: A summary of where we are at, in brief: China Evergrande Group edges closer to a massive restructuring Beijing signaling it’s willing to prop up healthy developers, homeowners and the real estate market at the expense of global bondholders Chinese authorities have
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The government on Thursday hiked by 62 per cent the price of natural gas that is used to produce electricity, make fertilisers and turned into CNG to use as fuel in automobiles and cooking gas for household kitchens. This is the first increase in rates since April 2019 and comes on back of firming benchmark
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