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Oil Futures: Oil extends gains as OPEC+ to mull deeper cuts, Auto News, ET Auto

Oil Futures: Brent crude futures climbed 11 cents, or 0.1 per cent, to USD 80.72 a barrel by 0012 GMT while US West Texas Intermediate crude was at USD 75.97 a barrel, up 8 cents. The front-month December contract expires later on Monday while the more active January futures gained 13 cents, or 0.2 per cent, at USD 76.17 a barrel.
United States Saudi Arabia Israel General Organization Of The Petroleum Exporting Countries Us Strategic Petroleum Goldman Sachs

Oil Prices: What are OPEC and OPEC+ and how do they affect your oil bills?, ET EnergyWorld

Oil Prices: OPEC was founded in 1960 in Baghdad by Iraq, Iran, Kuwait, Saudi Arabia and Venezuela with an aim of coordinating petroleum policies and securing fair and stable prices. Now, it includes 13 countries, which are mainly from the Middle East and Africa. They produce around 30% of the worlds oil.
Saudi Arabia United States South Sudan Equatorial Guinea United Arab Emirates Organization Of The Petroleum Exporting Countries

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