Oil prices hit 4-week high ahead of OPEC+ policy verdict, US demand hopes; Brent highest since May 1st

VaselineMay 29, 2024

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Oil prices hit 4-week high ahead of OPEC+ policy verdict, US demand hopes; Brent highest since May 1st

Oil prices hit a four-week high on Wednesday on expectations that major producers will extend output cuts at a meeting on Sunday and that fuel consumption will begin to pick up as the peak summer demand season begins.

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Published: 29 May 2024, 22:29 IST