Mar 4, 2024
WTI extends gains to near $79.50 as OPEC+ decided to extend oil output cuts of 2.2M bpd
West Texas Intermediate (WTI) oil price edges higher to near $79.50 per barrel on Monday, following the decision of voluntary oil output cut, made in coordination with some OPEC+ participating countries, including Russia, aiming at addressing concerns about oversupply and stabilizing oil prices.
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