Oil Narrowly Extends Gains as Traders Weigh OPEC+ Supply Moves
 Yahoo Finance·2025-10-08 03:17
Oil storage tanks at the Sunoco LP Terminal in Crockett, California. Photographer: David Paul Morris/Bloomberg Oil swung between small gains and losses as traders weighed the impact of a series of supply moves by OPEC+ and the group’s de-facto leader, Saudi Arabia. West Texas Intermediate gained about 0.1% to settle near $62 a barrel, narrowly extending a winning streak to a third day. OPEC and its allies including Russia decided over the weekend on a 137,000-barrel-a-day hike, while Saudi Arabia kept th ...