Oil prices ease on symbolic OPEC+ output cut – Reuters
- Date: 06-Sep-2022
- Source: Reuters
- Sector:Oil & Gas
- Country:Saudi Arabia
Oil prices ease on symbolic OPEC+ output cut – Reuters
SINGAPORE, Sept 6 (Reuters) - Oil prices inched lower on Tuesday, paringgains from the previous session, as an OPEC+ deal to cut output by 100,000 barrels per day in October was seen as a largely symbolic move to bolster prices after the market's recent slide.
Brent crude futures had fallen 81 cents, or 0.9%, to $94.93 a barrel by 0354 GMT.