Oil rises on fears about Lebanon, further OPEC+ supply cuts
- Oil prices increased on Monday due to demand optimism in China and ongoing tensions in the Middle East, as reported by the headline story.
- Brent crude rose 0.11% to $72.42 per barrel, up from a previous close of $72.34, according to the report.
- OPEC+ is expected to extend production cuts, possibly until the end of the first quarter of 2025, which could tighten global supply, as per sources.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left0Leaning Right3Center3Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
C 50%
R 50%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage