Oil largely unchanged on risk-averse investors and production cuts

The US’s potential debt default is mitigating OPEC+’s supply downscaling.
Photo: Jan Unger
Photo: Jan Unger
by marketwire, translated by daniel pedersen

Oil is stable on Thursday as uncertainties about the US’s potential debt default is outweighing production cuts made by the Organization of Petroleum Exporting Countries and its allies, OPEC+, reports Reuters.

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