Niaga AWANI: Oil leaps 6% as OPEC+ shocks markets by cutting output target

Name: Niaga AWANI: Oil leaps 6% as OPEC+ shocks markets by cutting output target
Uploaded: 2023-04-04
Description: Oil benchmarks jumped 6% on Monday, the day after the OPEC+ Group jolted markets with plans to cut more production, raising fears of tightening supplies while some warned of reduced demand if oil refiners flinch at paying higher prices for crude.

Oil benchmarks jumped 6% on Monday, the day after the OPEC+ Group jolted markets with plans to cut more production, raising fears of tightening supplies while some warned of reduced demand if oil refiners flinch at paying higher prices for crude.

04/04/2023 02:05 MYT

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