Commodities

Oil Futures Settle Sharply Higher As OPEC+ Decides To Delay Output Increase

Oil prices rose sharply on Monday, buoyed by OPEC+'s decision to delay plans to increase production, and on rising concerns about tensions in the Middle East.

West Texas Intermediate crude oil futures for December closed up $1.98 or about 2.85% at $71.47 a barrel, extending gains to a fourth straight session.

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by RTTNews Staff Writer

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