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Oil prices fall as OPEC+ plans to unwind cuts - Economy - Business

Oil prices fall as OPEC+ plans to unwind cuts - Economy - Business
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Oil prices slump as OPEC+ plans to start unwinding cuts

Oil prices slid Monday as the OPEC+ group of major crude producers signalled they would start to unwind output cuts later this year, with softer-than-expected US manufacturing compounding fears of weakening global oil demand. The concerns pulled stock indices back from earlier highs, seen on the back of hopes that…

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Global markets mixed as oil prices slump on OPEC+ plans to unwind cuts

Global markets finished mixed on Monday, as traders on Wall Street attempted to look beyond weaker than expected manufacturing data, and markets reacted to falling oil prices.

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