Oil Surges to Highest Since 2014 as OPEC Sticks to Supply Plan

  • Date: 04-Oct-2021
  • Source: Yahoo News
  • Sector:Oil & Gas
  • Country:Gulf
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Oil Surges to Highest Since 2014 as OPEC Sticks to Supply Plan

(Bloomberg) -- Oil in New York jumped to the highest since 2014 with OPEC+’s decision to proceed to hike output gradually surprised some investors who expected a bigger increase in the wake of a shortage of natural gas.

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