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Crude oil trades to a new cycle high

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OPEC+ news sends the pair higher

The price of crude oil has pushed to a new cycle high above the $76.20 high from Thursday’s trade.  The price reached $76.31.  That takes the price to the highest level since October 3, 2018 when the high reached $76.88. A move above that level would  November 21, 2014.

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