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Oil prices continue to rise as Saudi Arabia and Russia talk production

The price of Brent crude continued to increase above its pre-pandemic levels during the OPEC+ meeting Thursday.

Oil prices continue to rise above pre-pandemic levels as Saudi Arabia and Russia discuss production levels. The increase could help boost Gulf economies.

The price of Brent crude, considered a global benchmark for oil prices, opened Thursday at $64.10 a barrel. It rose more than 5% to above $67 later that day, according to price data from Bloomberg.

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