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OPEC and allied oil-producing countries have decided to stick with their plan for cautious monthly increases in oil production even as prices surge and the global economy is thirsty for fuel. The OPEC+ alliance, made up of OPEC members led by the Saudis and non-members led by Russia, rebuffed pressure from U.S. President Joe Biden to pump significantly more oil and lower gasoline prices for U.S. drivers. The group on Thursday approved an increase in production of 400,000 barrels per day for the month of December. That's in line with a plan to add that amount of oil to the market every month into next year.

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Chinese President Xi Jinping has been absent from the Group of 20 summit in Rome and global climate talks in Scotland. That has drawn criticism from U.S. President Joe Biden and questions about China's commitment to reducing greenhouse gas emissions. China is the world's biggest emitter of carbon dioxide and has pledged to begin reducing that output by 2030 and obtain carbon neutrality by 2060. It has enforced tight travel restrictions during the coronavirus pandemic and Xi hasn't left the country since early 2020. China has also come under heavy criticism over its policies toward Muslims in its Xinjiang region and its crackdown on civil rights in Hong Kong and is eager to avoid potentially embarrassing public confrontations. 

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In this photo released by China's Xinhua News Agency, Chinese President Xi Jinping speaks via video link to leaders at the G20 Summit from Beijing, Sunday, Oct. 31, 2021. President Xi has been absent from the Group of 20 summit in Rome and global climate talks in Scotland, drawing criticism from U.S. President Joe Biden and questions about China's commitment to reducing greenhouse gas emissions. (Yue Yuewei/Xinhua via AP)

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FILE - Leaders of the G20 pose in front of the during Trevi Fountain during an event for the G20 summit in Rome, Sunday, Oct. 31, 2021. Chinese President Xi Jinping has been absent from the Group of 20 summit in Rome and global climate talks in Scotland, drawing criticism from U.S. President Joe Biden and questions about China's commitment to reducing greenhouse gas emissions. (AP Photo/Gregorio Borgia, File)

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Chair of the Financial Stability Board, US Randal Quarles, right, is greeted by Italy's Prime Minister Mario Draghi during arrivals at the La Nuvola conference center for the G20 summit in Rome, Saturday, Oct. 30, 2021. The two-day Group of 20 summit is the first in-person gathering of leaders of the world's biggest economies since the COVID-19 pandemic started. (AP Photo/Domenico Stinellis)