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Oil hits multi-year highs as Opec+ sticks to output plan

October 06, 2021 7:43 AM

BENGALURU (REUTERS) – Oil prices jumped on Tuesday (Oct 5), with US crude hitting its highest since 2014 and Brent futures climbing to a three-year high, after the Opec+ group of producers stuck to its planned output increase rather than raising it further.

Source : http://www.straitstimes.com/business/companies-markets/oil-hits-multi-year-highs-as-opec-sticks-to-output-plan

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