Oil futures tick up slightly Thursday, a day after erasing the rally scored earlier this month after OPEC+ announced an unexpected round of production cuts.
Oil futures rose slightly early Thursday, steadying a day after erasing the rally scored earlier this month after OPEC+ announced an unexpected round of production cuts.
The... Oil futures rose slightly early Thursday, steadying a day after erasing the rally scored earlier this month after OPEC+ announced an unexpected round of production cuts. The drop saw crude futures fill in the gap left on the daily price chart early this month after Saudi Arabia and its OPEC+ allies announced 1.15 million barrels in additional production cuts beginning in May running through year-end, with Russia pledging to extend a 500,000 barrel-a-day cut through the rest of 2023.
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