Oil prices stabilize despite OPEC+’s decision to suspend production increases

Stabilized Oil prices on Monday at settlement, despite the decision of the OPEC Plus suspended production increases in the first quarter of next year.
Futures rose Brent crude rose 12 cents, or 0.2%, to $64.89 per barrel at settlement.
US West Texas Intermediate crude rose 7 cents, or 0.1%, to $61.05 at settlement.

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