Crude oil rises by most in two weeks as OPEC+ expected to extend output cuts

by


Dec. 03, 2024 6:36 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: Carl Surran, SA News Editor
Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

Crude oil futures settled higher Tuesday on expectations that OPEC+ will again postpone its planned production increases when group members meet on Thursday, possibly by as much as three months.

“Given a rise in compliance with production cuts from Russia, Kazakhstan


Leave a Comment