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Oil Prices Plunge Over 3% Amid OPEC+ Production Cut Plans

Originally Published 1 year ago — by CNBC

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Source: CNBC

Nvidia unveiled its new AI chip Rubin, while GameStop shares surged on speculation of a large position by Keith Gill. OPEC+ extended crude production cuts into 2025, and the Dow Jones had its best day in 2024 due to cooling inflation. Former President Trump was found guilty on 34 felony counts, impacting his media company's stock. South Korea's Kospi rose on news of a potential massive oil and gas reserve discovery.