Surprise output cut decision by OPEC Plus countries heating up crude oil markets

This move was unexpected as the producer’s allies earlier hinted that they did not intend to make changes in their production policies. Although the latest announcement made some sharp upticks in global oil prices, its impact may be limited as the global economy is going through a challenging phase.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.