Modest OPEC+ Output Plan Fails to Calm Oversupply Worries

Oil prices fell to a three-week low near $67 as technical selling and oversupply fears overshadowed OPEC's slower-than-planned output increases.

Dec 6, 2024 - 19:00
Modest OPEC+ Output Plan Fails to Calm Oversupply Worries
Oil prices fell to a three-week low near $67 as technical selling and oversupply fears overshadowed OPEC's slower-than-planned output increases.

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