Oil Prices Hit 2-Year High
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Oil prices hit their highest level in more than two years as OPEC+ agreed to maintain its production cut plans while demand projections continue to improve. - The average retail price for gasoline in the U.S. jumped above $3 per gallon last week, the highest price since 2014.- Memorial Day travel is expected to be 50% higher than the same weekend in 2020.- California saw the highest prices at over $4 per gallon, while Texas saw the lowest at $2.72. Market Movers- Pembina…
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