Oil futures edged decrease Tuesday after back-to-back good points as traders assessed the outlook for demand and prospects for deeper manufacturing cuts by OPEC+.
Price motion
Market drivers
Crude futures have been consolidating after bouncing off roughly four-month lows set final week, discovering assist following information experiences that Saudi Arabia and different members of OPEC+ — made up of the Organization of the Petroleum Exporting Countries and its allies — have been weighing additional manufacturing cuts. OPEC+ oil ministers are set to fulfill…
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