Oil edges up on expectations of further OPEC+ supply cuts

Oil edges up on expectations of further OPEC+ supply cuts

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Oil futures edged higher on Monday, extending gains on the prospect of OPEC+ deepening supply cuts to shore up prices that have fallen for four weeks on demand concerns and Middle East supply disruption owing to the Israel-Hamas conflict. Brent crude futures rose 34 cents to $80.95 a barrel by…

#middleeast #israel #brent #contango #opec #tamasvarga #pvm #russian #sokol #moscow

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