Oil rises on modest OPEC+ output hike decision, Russia supply woe

  • Posted on September 9, 2025
  • By Bing News
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Oil rises on modest OPEC+ output hike decision, Russia supply woe

By Anjana Anil (Reuters) -Oil prices gained on Tuesday after OPEC+ decided to increase production by less than what market participants had anticipated, while concerns over tighter supply due to potential new sanctions on Russia continued to lend support. Brent crude gained 22 cents, or 0.33%, to $66.24 a barrel by 0005 GMT, while U.S. West Texas Intermediate crude climbed 24 cents, or 0.39%, to
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