Home Finance Crude oil bounces as further OPEC+ production cuts said to be on the table (NYSEARCA:USO)

Crude oil bounces as further OPEC+ production cuts said to be on the table (NYSEARCA:USO)

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Crude oil bounces as further OPEC+ production cuts said to be on the table (NYSEARCA:USO)

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Crude oil rebounded Friday from four-month lows hit in the previous session, as traders see a growing likelihood that OPEC and its allies will work to stop the nearly 20% plunge in prices since late September.

Reuters and Financial Times