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6h agoBrent crude hits above $65 as OPEC+ pauses output hikes
Brent crude-oil futures climbed to approximately $65.10 per barrel after the OPEC+ group signalled a pause in output increases, reinforcing a supply-tight narrative amid demand uncertainty. The U.S. dollar staying strong and the recent trade-deal optimism between the U.S. and China bolstered the energy complex. Market participants noted that the pause adds stability to prices, though global growth concerns remain a backdrop. Energy and commodity-linked stocks may benefit, while inflation and interest-rate watchers consider the move for policy implications.
positive
6h agoBrent crude hits above $65 as OPEC+ pauses output hikes
Brent crude-oil futures climbed to approximately $65.10 per barrel after the OPEC+ group signalled a pause in output increases, reinforcing a supply-tight narrative amid demand uncertainty. The U.S. dollar staying strong and the recent trade-deal optimism between the U.S. and China bolstered the energy complex. Market participants noted that the pause adds stability to prices, though global growth concerns remain a backdrop. Energy and commodity-linked stocks may benefit, while inflation and interest-rate watchers consider the move for policy implications.
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Brent crude hits above $65 as OPEC+ pauses output hikes
about 7 hours ago
1 min read
79 words
Brent crude rose above $65/barrel as OPEC+ halted output hikes, supporting oil prices amid cautious demand outlook.
Brent crude-oil futures climbed to approximately $65.10 per barrel after the OPEC+ group signalled a pause in output increases, reinforcing a supply-tight narrative amid demand uncertainty. The U.S. dollar staying strong and the recent trade-deal optimism between the U.S. and China bolstered the energy complex. Market participants noted that the pause adds stability to prices, though global growth concerns remain a backdrop. Energy and commodity-linked stocks may benefit, while inflation and interest-rate watchers consider the move for policy implications.
Brent crude-oil futures climbed to approximately $65.10 per barrel after the OPEC+ group signalled a pause in output increases, reinforcing a supply-tight narrative amid demand uncertainty. The U.S. dollar staying strong and the recent trade-deal optimism between the U.S. and China bolstered the energy complex. Market participants noted that the pause adds stability to prices, though global growth concerns remain a backdrop. Energy and commodity-linked stocks may benefit, while inflation and interest-rate watchers consider the move for policy implications.
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Nov 3, 2025 • 05:40 IST
