Skip to content

Asia stocks wobble as OPEC output cuts, weak US data raise uncertainty

An announcement on Sunday of output target cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC , propelled oil prices higher and complicated the inflation outlook. Brent crude was up 0.5% to $85.39 per barrel, after jumping over 6% overnight.

Read More

​ An announcement on Sunday of output target cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC , propelled oil prices higher and complicated the inflation outlook. Brent crude was up 0.5% to $85.39 per barrel, after jumping over 6% overnight. An announcement on Sunday of output target cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC , propelled oil prices higher and complicated the inflation outlook. Brent crude was up 0.5% to $85.39 per barrel, after jumping over 6% overnight.  Moneycontrol Latest News Read More  

Leave a Reply

Your email address will not be published. Required fields are marked *

en_USEnglish