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Tag: crude oil market

OPEC+ output hike pushes up crude prices amid Russian supply risks | The Express Tribune

Posted on September 9, 2025 By Admin No Comments on OPEC+ output hike pushes up crude prices amid Russian supply risks | The Express Tribune
OPEC+ output hike pushes up crude prices amid Russian supply risks | The Express Tribune

Oil extended gains on Tuesday, supported by the latest oil output hike from OPEC+ being smaller than anticipated, expectations that China will continue stockpiling oil and concerns over potential new sanctions on Russia. Eight members of the Organization of the Petroleum Exporting Countries and allies agreed on Sunday to raise production from October by 137,000 barrels…

Read More “OPEC+ output hike pushes up crude prices amid Russian supply risks | The Express Tribune” »

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