ஆலன் ஹிக்கின்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oil prices extend gains after OPEC+ talks fail, most equities up Issued on: 06/07/2021 - 05:00 The breakdown of talks between major producers has sent oil prices up on concerns about surging demand and falling stockpiles MARIO TAMA GETTY IMAGES NORTH AMERICA/AFP 4 min Hong Kong (AFP) Oil extended gains in Asian trade Tuesday after a gathering of top producers fell apart without any agreement on a plan to lift output despite stockpiles shrinking and demand surging along with the global economic recovery. The breakdown of talks between OPEC and other key crude nations raised the possibility of $100 a barrel a level not seen since 2014 and stoking fresh fears about inflation, which could force central banks to taper their monetary policy or hike interest rates earlier than thought.

New yorkUnited statesHong kongT ai peiUnited arab emiratesCity ofUnited kingdomSoult ukpyolsiSouth koreaNew zealand generalNew zealandNew south walesJakarta rayaWarren pattersonAlan higginsCoutts co