Tag : oil prices

Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut
Business

Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut

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In a pivotal move, OPEC+ members, responsible for over 40% of global oil supply, have agreed to substantial voluntary production cuts for early next year. The decision, led by Saudi Arabia’s commitment to maintain its...
Nasdaq falls as oil prices soar amid concerns of inflation and recession
Business

Nasdaq falls as oil prices soar amid concerns of inflation and recession

Admin
The Nasdaq Composite fell 0.6% on Monday as oil prices soared amid concerns of inflation and a looming recession. The S&P 500 remained mostly flat after a lower open, while the Dow Jones Industrial Average...