Oil down $2/barrel after Opec+ sticks to planned output rise
US and Brent Crude oil dropped $2/barrel after sources claimed Opec+ has decided to stick to its planned January output rise of 400,000/day, Reuters reported. At a meeting held via videoconference on Thursday, the Organization of the Petroleum Exporting Countries and its allies, known as Opec+, resisted US requests for speedier increases in oil output to support … Read more