Oil rises on modest OPEC+ output hike decision, Russia supply woe

Oil prices gained on Tuesday after OPEC+ decided to increase production by less than what market participants had anticipated, while concerns over tighter supply due to potential new sanctions on Russia continued to lend support.

Sep 9, 2025 - 08:00
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Oil rises on modest OPEC+ output hike decision, Russia supply woe
Oil prices gained on Tuesday after OPEC+ decided to increase production by less than what market participants had anticipated, while concerns over tighter supply due to potential new sanctions on Russia continued to lend support.

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