Oil prices dipped roughly 1% on Thursday, extending losses from the previous session, after OPEC+ postponed a meeting, triggering speculation that the group may not deepen output cuts next year due to dissenting African members.
Brent futures were down 85 cents
Oil prices dipped roughly 1% on Thursday, extending losses from the previous session, after OPEC+ postponed a meeting, triggering speculation that the group may not deepen output cuts next year due to dissenting African members.
Brent futures were down 85 cents, or about 1%, at $81.11 a barrel by 0916 GMT, after falling as much as 4% on Wednesday.
U.S. West Texas Intermediate crude slid 71 cents, also about 1%, to $76.39, after declining as much as 5% in the previous session.
Masdar, the United Arab Emirates’ leading renewable energy company, announced on Thursday that it has fully acquired Greek renewables firm Terna Energy, marking a significant step in its international growth strategy.
President Tayyip Erdogan said that Turkey is not expecting a negative situation for its trade, production and exports as a result of U.S. President Donald Trump's tariffs, which went into effect on Wednesday.
After capitalizing on a near-monopoly during Israel’s 18 months of war, El Al Airlines is entering a new chapter—one defined by competition.
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