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Oil prices continue rise as OPEC, Russia agree to cut production


  • Oil prices have continued their rise after oil producers cartel OPEC and Russia agreed to cut production at a meeting in Vienna yesterday.
  • US stocks have rallied to record highs following the election of Donald Trump as the next US president on optimism about his plans for more infrastructure spending and less regulation.
  • The ISM US Manufacturing Activity Index rose from 51.9 in October to 53.2 in November thanks to an increase in new orders and production, the third monthly rise in a row.


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