Saturday, February 8, 2025
Oil rises on prospect of OPEC+ supply cut- oil and gas 360

Oil rises on prospect of OPEC+ supply cut

CNBC Oil rose Monday as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar and a dire outlook for U.S. growth.     Saudi Arabia, de facto leader of the Organization of the Petroleum Exporting Countries (OPEC) last week raised the possibility of production cuts, which sources said could coincide with a boost in