Oil reports weekly loss on oversupply fears despite OPEC+ output extension; Brent down over 2% in 5 days | Stock Market News
Source: Live Mint International crude oil prices fell by more than one per cent in the previous session to report a weekly loss after analysts projected a supply surplus next year on weak demand despite the Organisation of Petroleum Exporting Countries and its allies (OPEC+)’s recent decision to delay the oil output hikes till April…