Oil prices increased after OPEC plus countries decided to cut oil production.
According to the foreign news agency, the global oil prices increased by about 6%.
OPEC allies will cut oil production by 1.15 million barrels per day from May until the end of the year.
It should be noted that OPEC plus countries including Saudi Arabia announced to reduce oil production by more than 11 million barrels per day.
According to media reports, the OPEC allied countries decided to cut production to stabilize the global oil market.
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