Brent oil extends gain as OPEC+ talks end without supply deal


Source: gulfbusiness.com gulfbusiness.com

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Home Industry Energy Brent oil extends gain as OPEC+ talks end without supply deal The global market has tightened significantly over the past few months amid a robust rebound in fuel demand in the US, China and parts of Europe by Bloomberg July 6, 2021 Brent oil extended gains after OPEC+ ended days of talks without a deal to bring back more halted output next month, depriving the market of vital barrels as the global economic recovery gathers pace. Futures in London traded above $77 a barrel after rising 1.3 per cent on Monday. The failure to reach an agreement...