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North American Morning Briefing : Investors Await -2- - Today

Saudi Arabia lifts November Arab Light crude price to Asia again

​​The price hike is in line with market expectations of an increase of about 45 cents, and has pushed the price for the medium sour crude to its highest level this year. Saudi Arabia on Wednesday announced that it will continue with its voluntary output cut of one million barrels per day (bpd) for November and until the end of December 2023.

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