Tue, 21-Oct-2025

Oil jumps on Opec+ Omicron contingency plan, trimming weekly drop

Opec

LONDON: Oil rose for the second day on Friday after Opec+ said it would meet again to review output if the Omicron Covid-19 variant impacts demand, Arab News reported. Prices were still headed for the sixth week of declines on concern a steady increase in supply from the Organization for Petroleum Exporting Countries and its allies including … Read more