Oil gains after OPEC+ maintains output cuts, but heads for weekly losses

Oil gains after OPEC+ maintains output cuts, but heads for weekly losses

Upworthy

Published

Oil prices rose in early trade on Friday following a decision by OPEC+ to keep its oil output policy unchanged, though benchmarks were headed for weekly losses amid unsubstantiated reports of a ceasefire between Israel and Hamas. futures climbed 37 cents, or 0.5%, to $79.07 a barrel at 0415 GMT,…

#israel #hamas #opec #anzresearch #nonopec #usfederalreserve #jeromepowell #priyankasachdeva #phillipnova #russian

Full Article