Oil Prices Fluctuate Amid US-Vietnam Trade Deal and OPEC+ Meeting

Reported about 16 hours ago

Oil prices fell after a significant rise, as traders focused on the outcomes of US trade talks with Vietnam and the upcoming OPEC+ meeting. Brent crude remained around $69 a barrel following a 3% increase, as sentiment was buoyed by trade optimism. However, analysts caution that this positive trend may be temporary, particularly with OPEC+ expected to increase oil supply quotas amid rising US crude stockpiles.

Source: YAHOO

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