December 23, 2024

Oil Settles Lower After Hitting $90/Bbl As OPEC+ Considers Output Cut

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Oil Settles Lower After Hitting $90/Bbl As OPEC+ Considers Output Cut

 

Leading members of the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, have begun discussions about an oil output cut at their next meeting on Oct. 5, three sources told Reuters.