Oil prices edged up on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap kicking in on Russian crude. At the same time, in a positive sign for fuel demand, more Chinese cities eased Covid-19 curbs over the weekend, though the partial easing in policies sowed confusion across the country on Monday. …
Read More »Oil prices rise after OPEC+ keeps output cut targets, China eases Covid curbs
December 5, 2022