Oil was steady ahead of an OPEC+ meeting on Monday to discuss production policy amid a rapidly tightening market.
Futures in New York traded near $76 a barrel after capping a sixth weekly gain on Friday. The alliance, led by Saudi Arabia and Russia, may have to consider raising output in November by more than its planned 400,000 barrels a day, according to some industry consultants and traders. OPEC’s own modeling is showing demand will outstrip supply over the next two months.
"Oil" - Google News
October 04, 2021 at 05:32AM
https://ift.tt/2Y7QzX3
Latest Oil Market News and Analysis for Oct 4 - Bloomberg
"Oil" - Google News
https://ift.tt/2SukWkJ
https://ift.tt/3fcD5NP
Bagikan Berita Ini
0 Response to "Latest Oil Market News and Analysis for Oct 4 - Bloomberg"
Post a Comment