OPEC agrees to keep oil production cut, likely maintaining high prices through November election
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OPEC agrees to keep oil production cut, likely maintaining high prices through November election

The Organization of the Petroleum Exporting Countries (OPEC+) on Sunday agreed to extend output cuts through next year, likely keeping prices high through the November presidential election.  The alliance said after a meeting Sunday that the move was aimed at boosting slack prices that have lulled despite the ongoing war in Gaza and attacks on shipping vessels in the Red Sea.