Crude oil prices jumped on Tuesday ahead of the next OPEC+ meeting as the group dispelled earlier rumors that it could agree to increase crude oil production at its next meeting. The cost of Brent crude rose $2.07 by 9:45 am ET, to $85.26 per barrel. WTI rose $1.66 per barrel to $78.90—although both benchmarks are still considerably lower than this time last week, and nearly $15 below August levels.
Goldman Sachs on Tuesday supported the market fear that OPEC could once again cut production, sending oil prices higher, saying that it was highly…Kazakhstan Considers Nationalizing ‘Problematic’ Power Plants
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