Oil Price Gains as Constrained OPEC+ Production Hike Hints at Caution
Petrol
Oil climbed after OPEC+ agreed to raise production once again but did so at a modest rate, highlighting some caution from the group as the market heads into an expected surplus. The Organization of the Petroleum Exporting Countries and its partners will add 137,000 barrels a day in October, much smaller than the increments scheduled for the previous two months. Bloomberg's Stephen Stapczynski reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on
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