Oil Prices Stuck Between Debt Ceiling Uncertainty And More OPEC+ Cuts ...Middle East

Economy by : (OILPRICE) -
Crude oil prices began to trade on Thursday with little change from Wednesday’s close as opposing forces kept them stable. On the one hand, fear of a U.S. debt default is driving bearish sentiment and the respective trade behavior, which is pressuring prices. On the other hand, the Saudi Energy Minister suggested earlier this week OPEC+ might cut more output unless short sellers behave, and that lent oil some upward pressure. "Speculators, like in any market they are there to stay, I keep advising them that they will be ouching, they did…

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