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MARKETS

Brent briefly roars into forties but falls as hopes for extended cuts fade

Markets remain volatile on renewed Saudi-Russia disputes

Paul Hunt and Helen Clark

Oil prices rallied on optimism that OPEC+ would meet early and extend production cuts of 9.7 million barrels per day. The cuts are due to drop in July to 7.7MMbopd.  Russia, which is not a member of...

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