Crude oil futures settle at $74.22 ...Middle East

Crude oil futures are settling at $74.22. That is down $2.77 or -3.60%. The low price reached $73.98. That was the lowest level since February 8.OPEC extended supply cuts through the end of 2025 but plans to ease cuts starting October 2023.The 2.2 million BPD voluntary cuts will continue until September, with gradual reductions from October based on market conditions.Analysts expected cuts to extend through the end of 2023.OPEC's supply is set to increase next year with the UAE adding more barrels.Other news was slower ISM manufacturing growth. On Friday, the US jobs report will be released. That will give the market more information on the state of the US economy. Most Fed officials feel

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