Daily Market News & Insights
Oil markets began the week under bearish pressure as expectations for another OPEC+ production hike weighed heavily on sentiment. Brent and WTI extended Monday’s steep losses into Tuesday, with Brent slipping to $66/bbl and WTI to $62/bbl, both slipping by over $1/bbl. OPEC is expected to approve an additional 137,000–140,000 …
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