Oil Prices Rise As OPEC+ Moves To Prevent Oversupply Amid Global Tensions

Crude oil prices climbed on Monday following an announcement by the Organization of the Petroleum Exporting Countries and its allies (OPEC+) to temporarily halt further production hikes in a bid to avert a potential oversupply in global markets. The group’s decision comes amid concerns over slowing demand and heightened geopolitical tensions linked to the ongoing … Continue reading Oil Prices Rise As OPEC+ Moves To Prevent Oversupply Amid Global Tensions