Sunday, December 21, 2025
Oil prices climb after OPEC+ reaffirms pause; supply risks in focus- oil and gas 360

Oil prices climb after OPEC+ reaffirms pause; supply risks in focus

(Investing) – Oil prices ticked higher on Monday, bolstered by OPEC+’s reaffirmation that it will hold output steady during the first quarter, as well as renewed supply concerns stemming from geopolitical tensions. Get the latest updates and insights on the biggest market-moving stories by upgrading to InvestingPro – get 60% off today. As of 08:20 ET (13:20 GMT), Brent oil futures expiring in March

Oil soars 4% as Ukrainian drones override OPEC+ hikes- oil and gas 360

Oil soars 4% as Ukrainian drones override OPEC+ hikes

(Oil Price) – Crude oil prices were trading up nearly 4% on Monday afternoon, with analysts attributing the spike to escalating geopolitical tensions, and the aftermath of a massive Ukrainian drone strike on four Russian military airports overnight. Overnight, Ukrainian drone attacks targeted Russia’s Kursk and Voronezh regions, igniting fires in residential buildings, causing significant disruptions to highway traffic and reportedly