• 11/24/2024

OPEC+ sticks to oil policy, repeats could pause Oct hike

Reuters

Reuters was first to report that a meeting of top OPEC+ ministers kept oil output policy unchanged including a plan to start unwinding output cuts from October. The oil producing group took the decision despite sharp oil price falls in recent weeks amid global demand concerns. Brent crude futures fell on the news settling down 1.6% below $80 a barrel.

The post OPEC+ sticks to oil policy, repeats could pause Oct hike appeared first on Reuters News Agency.

https://www.reutersagency.com/en/reutersbest/article/opec-sticks-to-oil-policy-repeats-could-pause-oct-hike/