Oil jumps 4% to 5-week high lifted by OPEC+ output cut - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Sunday, 9 October 2022

Oil jumps 4% to 5-week high lifted by OPEC+ output cut

Oil futures prices are managing to gain upside traction even though widespread inflation across the U.S. and Europe is threatening the potential for a global recession where demand will likely take a sizeable hit," analysts at energy consulting firm Gelber & Associates said.

from Commodities-Markets-Economic Times
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