Oil Prices Stabilize on Short-Covering and an OPEC+ Output Decline ...Middle East

OILPRICE - Economy
Oil Prices Stabilize on Short-Covering and an OPEC+ Output Decline
source : OILPRICE ( Middle East ) () 120
Crude oil prices stabilized today, following Monday’s dip, and even made some gains earlier in the day, as traders rushed to cover their short positions on the commodity, and production figures from OPEC+ showed a decline for March, to the tune of 360,000 barrels daily. At the time of writing, Brent crude was trading at $66.59 per barrel, with West Texas Intermediate at $63.73, both up from Monday’s close. Meanwhile, President Trump has gone on the offensive against Federal Reserve chair Jerome Powell, insisting that the central bank…

Hence then, the article about oil prices stabilize on short covering and an opec output decline was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Prices Stabilize on Short-Covering and an OPEC+ Output Decline )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

LG Display showcases wide lineup of world-first, leading OLED monitors

before 39 minute

Why China Is Driving Short-Term Oil Prices But OPEC Still Holds the Lever

before hour & 33 minute

China Passes Amendments to Foreign Trade Law to Boost Trade War Capabilities

before hour & 41 minute

Small Modular Reactors Are the Perfect Fit for Kazakhstan’s Power Grid

before 3 hours & 38 minute

How Israel Is Reframing the Iran Threat

before 7 hours & 37 minute

Phemex aggiorna l'ecosistema RPI stabilendo nuovi parametri di riferimento per la liquidità su oltre 210 coppie

before 8 hours & 33 minute

RKTech Invests in Entropy, Unlocking Access to Two Million LATAM Technology Professionals

before 10 hours & 40 minute

Interact Marketing Warns: Unchecked AI Content Risks for Brands

before 11 hour & 32 minute

US dollar records biggest weekly decline in four months

before 13 hour & 36 minute

Best Virus Protection for PC (2026): Webroot Rated Top Choice for Fast Threat Detection by Software Experts

before 14 hour & 5 minute

So Long, GPT-5. Hello, Qwen

before 14 hour & 31 minute

Best Invoicing Software (Jan 2026): Sage Recognised for Seamless Billing and Payments in the UK by Consumer365

before 14 hour & 31 minute

Japanese stocks rise on tech gains

before 15 hour & 21 minute

Is the Federal Reserve truly independent?

before 15 hour & 34 minute

The Digital WOW Announces 300% Increase in R&D Investment with AI Emphasis for 2026

before 16 hour & 37 minute