Post Tagged with: "extends output cuts"

Source: Reuters

Oil surges $2 after OPEC+ extends output cuts


LONDON – Oil prices jumped more than 3% on Friday, hitting their highest levels in over a year after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery in demand.…

March 5, 2021 - 9:00 am Closing Bell Story‎, Crude Oil News, Energy News, OPEC