Jan 16, 2025 8:55 p.m.

Oil market inched higher on OPEC+ production meeting

Oil market inched higher on OPEC+ production meeting

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International benchmarks for crude oil settled higher following a choppy trading session on Thursday, 24 June 2021 as investors await the upcoming OPEC+ production meeting, in which several industry experts said that a gradual increase in outputs is very likely.

Brent added 37 cents for August delivery to $75.56/barrel.

WTI rose 22 cents to $73.30/barrel.