US EditionOil Prices Set To Jump After OPEC+ Raises Output By Far Less Than Expected
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Oil prices rose by about 1.5% on Monday, after the OPEC+ Coalition announced a limited monthly increase in production below expectations, reducing some concerns about an increase in market supply.
Oil prices jump 1.5% after lower-than-expected OPEC+ output hike
Oil prices jump 1.5% after lower-than-expected OPEC+ output hikeOil prices rose 1.5% due to OPEC+'s modest production increase amidst weak demand. The post Oil prices jump 1.5% after lower-than-expected OPEC+ output hike first appeared on The Dispatch.
Singapore: Oil prices rose 1% in early trading on Monday after the OPEC+ alliance announced a smaller-than-expected monthly increase in production, easing some concerns about a supply glut. Brent crude futures rose 63 cents, or 1%, to $65.16 a barrel by 23:10 GMT, while West Texas Intermediate (WTI) crude was […]
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