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Topic: Oil Prices Moderate After OPEC Output Hike Agreement  (Read 364 times)

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Oil Prices Moderate After OPEC Output Hike Agreement
« on: January 07, 2022, 07:05:45 AM »
Oil Prices Moderate After OPEC Output Hike Agreement

Oil prices came down below $80 a barrel on Wednesday after the Organisation of Petroleum Exporting Countries (OPEC)+ producers stuck to an agreed output target rise for February and investors assessed the impact of a spike in COVID-19 cases caused by the Omicron variant. Brent crude futures were down 18 cents, or 0.23 per cent […]

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