Oil gained modestly as OPEC+ struggle to increase production output
Oil gained modestly as OPEC+ struggle to increase production output
International benchmarks for crude oil registered moderate gains on Tuesday, 21 September 2021 as members of OPEC and allies produced less than expected in August, indicating that the supply-demand gap might persist.
Brent gains 44 cents to close at $74.36/barrel.
WTI for October delivery, which expired on Tuesday, advanced 27 cents at $70.56/barrel.