OPEC+ postpones its oil output increase to January 2024, extending its current 2.2 million barrels per day cut due to weak global demand
Brent crude price
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In the NewsMarketsOil & Gas
Oil Prices Likely to Fall After Israel Shows Restraint in Strikes on Iran
Oil prices are set to fall as Israel’s restrained strikes on Iran avoid disrupting oil infrastructure, allowing for short-term market stability
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Oil prices fall to their lowest in over a month due to rising inventories and weak demand, with little impact from recent geopolitical and political developments.