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Oil rises as oversupply fear eases after OPEC+ restrains output increase
Reuters· 2025-10-08 06:53
Core Viewpoint - Oil prices increased as investors dismissed concerns over oversupply, following OPEC+'s decision to limit production increases next month [1] Group 1 - Oil prices rose on Wednesday, indicating a positive market response [1] - Investors have digested OPEC+'s decision, which aims to restrain production increases [1]