Eight OPEC+ Members Extend Oil Output Cuts Through December
Eight OPEC+ member countries have agreed to extend their voluntary oil output cuts by one month, pushing reductions through December in response to ongoing weak oil prices.
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Eight OPEC+ member countries have agreed to extend their voluntary oil output cuts by one month, pushing reductions through December in response to ongoing weak oil prices.
U.S. stocks closed lower on Thursday as investors remained cautious ahead of September’s payrolls report, with escalating Middle East tensions affecting market sentiment and driving oil prices higher.