WTI extends its decline below $76.50 as Trump vows to boost oil output

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $76.15 on Tuesday.

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Iran says it plans to increase oil output to 5m barrels/day

Negotiations between Iran and the US, with European diplomats as intermediaries, begin on Monday, November 29, in Vienna. Talks are aimed at reviving the nuclear accord.

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