On November 28, oil price rose ahead of a meeting of the Organization of Petroleum Exporting Countries (OPEC) later this week that could lead a long-awaited agreement between the contentious cartel members and non-OPEC producers, including Russia, to cut oil production.

Oil prices jumped in volatile trading after falling as much as 2%, as the market doubted the ability of OPEC members to come to an agreement during their meeting in Vienna on November 30.

US crude rose 1.9% to $46.91 a barr...

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