Oil Is Pushed Down as OPEC+ Raises Production
Yahoo Finance·2025-10-06 20:31
The NFP release was delayed due to the government shutdown in the US, so volatility was muted across the board, as the only important economic driver published was the US services PMI, which was slightly lower than forecasted (50 instead of 51), but still indicated a positive development. Despite the absence of official data from the US labor market, investors maintain a mildly positive sentiment as private sector indicators show rather a consolidation of hiring and new payrolls, than their growth or decl ...