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Reuters

Reuters

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Business & Economics

Oil posts biggest weekly loss in a month ahead of OPEC+ meeting

Reuters
Summary
Nutrition label

81% Informative

OPEC+ meeting moved up to Saturday from original plan of Monday to decide June output policy.

OPEC+ is currently cutting output by over 5 million barrels per day.

For the week , Brent crude futures fell over 8% and WTI lost about 7.7% .

Traders were cautious given the possibility of a de-escalation of the trade dispute between China and the U.S ..

VR Score

91

Informative language

96

Neutral language

84

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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