Brent crude oil prices climbed above 74 USD per barrel following OPEC+’s announcement to delay its production increase originally scheduled for December. This decision marks the second postponement by OPEC+ amid persistent global economic challenges and aims to avoid potential market oversupply. Demand prospects remain subdued with Europe’s slow economic recovery and Asia’s lacklustre performance, […]
The post Brent Crude Rises as OPEC+ Delays Production Increase appeared first on Action Forex.