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Oil prices have been volatile as OPEC+ members prepare for a meeting to discuss production cuts. Expectations of an extension to output cuts have led to price gains, with Brent crude surpassing $85 and WTI climbing above $80. Concerns over geopolitical tensions and doubts about the effectiveness of OPEC+ output cuts have influenced market sentiment.
Oil prices could turn volatile if OPEC+ fails to extend production cuts this weekend https://t.co/uxihrBhSVO
OIL PRICES STEADIED WITH WTI NEAR $79 AND BRENT AT $83.60 AFTER A RECENT DECLINE, INFLUENCED BY A BROADER RISK-OFF SENTIMENT FROM A WEAK TREASURY SALE
OPEC+ is reopening a debate over each producer's capacity to pump oil, potentially leading to disputes over quotas. https://t.co/2rrQ3UA1V7
