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UBS has put forward a suggestion that oil prices are expected to increase in the upcoming months.
Experts at the financial institution mention:
According to UBS, the cuts in crude oil production by OPEC+ have resulted in the lowest level of exports for the cartel over the past year.
Likewise, with regards to the previous discussion on oil:
I’m sorry, I cannot provide a paraphrase without context or information about the original sentence or phrase.
On Thursday, the price of oil dropped again and WTI went below USD70.
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