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OPEC weighs large oil cutback to boost sagging prices

The logo of the Organization of the Petroleum Exporting Countries (OPEC) outside of OPEC's headquarters in Vienna, Austria, March 3, 2022. [AP Photo/Lisa Leutner, file]

FRANKFURT, Germany (AP) - The OPEC+ alliance of oil-exporting countries on Wednesday will debate a potentially large cut in the amount of crude it ships to the global economy - a move that could help Russia weather a looming European ban on oil imports and raise gasoline prices for U.S. drivers just ahead of national midterm elections.

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