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OPEC+ extended cuts but plans to boost again in the fall
Latest extension aims to support fragile market.
Oil at six-month high of $85, WTI up 1.6%
OPEC+ production cuts and strong demand have tightened the market.
OPEC+ meeting could result in deeper cuts
Prices are flagging and the cartel will be keen to add support.
Oil market may be oversupplied, OPEC+ meeting in focus
Oil prices are under pressure ahead of a key production cut decision.