Oil jumps above US$81 with Opec+ sticking to output increase

October 05, 2021 7:27 AM

BENGALURU (REUTERS) – Oil jumped to a three-year peak on Monday (Oct 4) after Opec+ confirmed it would stick to its current output policy as demand for petroleum products rebounds, despite pressure from some countries for a bigger boost to production.

Source : http://www.straitstimes.com/business/companies-markets/oil-jumps-above-us81-with-opec-sticking-to-output-increase