Oil settles flat amid OPEC+ output hike, supply glut fears

Investing.comTuesday, October 7, 2025 at 9:07:59 PM
Oil settles flat amid OPEC+ output hike, supply glut fears

Oil settles flat amid OPEC+ output hike, supply glut fears

Oil prices remained stable as OPEC+ announced an increase in production, raising concerns about a potential oversupply in the market. This decision reflects the ongoing balancing act between meeting global demand and avoiding a surplus that could drive prices down. Investors are closely watching these developments, as they could significantly impact the energy sector and global economies.
— via World Pulse Now AI Editorial System

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