Year: 2021

Oct - 01
2021

Oil Drops Below $78 as OPEC+ Eyes Output Boost

Oil fell below $78 a barrel on Friday on the prospect that OPEC+ producers might step up a planned increase in output to ease supply concerns, although crude remained in sight of a three-year high reached this week. The Organization of the Petroleum Exporting Countries (OPEC) and allies, known as…