Oil inched higher as OPEC+ missed the production target
Oil inched higher as OPEC+ missed the production target
International benchmarks for crude oil settled the volatile session on Monday, 19 September 2022 with minor gains after reports that OPEC+ fell short of their production target by 3.583 million barrels per day in August – the second consecutive month the group missed its target.
Brent increased 65 cents to close at $92/barrel.
WTI settled up 62 cents at $85.73/barrel.