Oil Prices Consolidate in Asian Morning Session Amid OPEC+ Production Increase Outlook

Deep News

13 hours ago

Oil prices were consolidating during the Asian morning trading session but could face pressure due to the prospect of OPEC+ increasing production. The front-month West Texas Intermediate crude futures remained flat at $62.88 per barrel, while front-month Brent crude futures held steady at $67.74 per barrel. Analysts from ANZ Research noted that media reports suggested some OPEC members believe the organization has room to resume production increases in April. These analysts pointed out that OPEC members are scheduled to meet on March 1 to discuss their supply agreement.

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The front-month West Texas Intermediate crude futures remained flat at $62.88 per barrel, while front-month Brent crude futures held steady at $67.74 per barrel. Analysts from ANZ Research noted that media reports suggested some OPEC members believe the organization has room to resume production increases in April. These analysts pointed out that OPEC members are scheduled to meet on March 1 to discuss their supply agreement.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DUG","symbol_name":"二倍做空石油与天然气ETF(ProShares)","start_time":0,"source_url":"","article_id":"1186691846","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186691846","pubTimestamp":1771201216,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Oil prices were consolidating during the Asian morning trading session but could face pressure due to the prospect of OPEC+ increasing production. 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