Oil steady as fears of imminent OPEC+ output cut fade - Reuters


8/24/2022 12:00:00 AM2 years 8 months ago

Benchmark Brent oil climbed above $100 a barrel on Wednesday after Saudi Arabia suggested this week that OPEC could consider cutting output in response to poor liquidity in the crude futures market and fears about a global economic downturn.

LONDON, Aug 24 (Reuters) - Benchmark Brent oil climbed above $100 a barrel on Wednesday after Saudi Arabia suggested this week that OPEC could consider cutting output in response to poor liquidity in… [+2142 chars]

full article...