Monday, August 10, 2026
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Oil Climbs Above $52 as OPEC Looks at Extending Cuts

From Bloomberg/Houston Chronicle Oil rose above $52 a barrel early Tuesday as OPEC was said to be working on an exit strategy alongside discussions on extending production cuts to the end of next year. Futures gained 0.7 percent in New York after advancing a second session Monday. OPEC was said to be working on ways to eventually phase out cuts without