Oil futures edged decrease Tuesday after back-to-back positive aspects as buyers assessed the outlook for demand and prospects for deeper manufacturing cuts by OPEC+.
Price motion
Market drivers
Crude futures had been consolidating after bouncing off roughly four-month lows set final week, discovering help following news experiences that Saudi Arabia and different members of OPEC+ — made up of the Organization of the Petroleum Exporting Countries and its allies — had been weighing additional manufacturing cuts. OPEC+ oil ministers are set to fulfill…
Master your cash.
Subscribe to MarketWatch.
Get this text and all of MarketWatch.
Access from any machine. Anywhere. Anytime.
Already a subscriber?
Log In
Source web site: www.marketwatch.com
