Futures Movers: OPEC+ calls off output talks again Monday, leading crude oil prices to surge

  • Written by MarketWatch
  • Published in Economics
Oil prices rose on Monday, driven higher after the OPEC+ group of producers again called off talks on output levels, failing in its third attempt to resolve a deadlock on increasing production, and leaving the oil market facing tight summer supplies and rising prices, Reuters, Bloomberg and the Wall Street Journal reported.
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