OPEC Plus Pledges to Pump More Even as Oil Prices Fall
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The cartel’s decision comes as U.S.-Iran talks to end the war have eased
pressure on oil supplies, even as broader market and political volatility
persists.
2 hours ago
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New York's main contract, West Texas Intermediate for delivery in November, fell 38 cents to $101.95 in mid-morning trade, while Brent North Sea crude for November dipped 33 cents to $108.04.
ReplyDeleteA mood of crisis enveloped Washington late Monday as a midnight deadline (0400 GMT) loomed with no sign of compromise between the Democratic-led Senate and Republican House of Representatives to head off the first US government shutdown in 17 years.
More than 800,000 non-essential federal workers were to be placed on unpaid furloughs beginning midnight due to the impasse.