Oil prices up almost $4 as OPEC+ considers reducing output

Oil prices jumped nearly $4 a barrel on Monday, as OPEC-plus considered reducing output by more than one million barrels per day, in what would be its biggest cut since the start of the COVID-19 pandemic.
Brent crude futures rose $3.72 to $88.86 a barrel.
U.S. West Texas Intermediate crude rose $4.14 to $83.63 a barrel.

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