Oil market opens in flux after OPEC deal

The prospect of strengthened oil demand has in recent months sent positive winds sweeping across the market, raising prices toward their highest levels since 2018.
Photo: ANGUS MORDANT/REUTERS / X06552
Photo: ANGUS MORDANT/REUTERS / X06552
BY RITZAU FINANS

The oil market opens in flux Wednesday morning after the Organization of the Petroleum Exporting Countries and its OPEC+ allies agreed to stick to their plan for a gradual lifting of output cuts in June and July.

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