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OPEC+ move comes amid ongoing woes over global economic recession and possibility of further US Fed interest rate hikes, all of which could negatively impact oil demand - Anadolu Agency
US estimates fall of 4.3 million barrels in crude stocks against market expectation of 1.8 million-barrel drop - Anadolu Agency
Experts point to possible oil price increases amid efforts to lower inflation - Anadolu Agency
Experts suggested that the latest round of output cut may push crude oil to $100 per barrel mark again, with the reopening of China’s economy and continued geopolitical tensions acting as supporting factors.
Uncertainty over US banking system continues to weigh on prices - Anadolu Agency