Oil prices rise after "OPEC+" postpones production increase.

Amman – Oil prices rose by more than a dollar in early trading today, Monday, after the "OPEC+" group decided to postpone the planned production increase set for December by one month due to weak demand and increased supply from outside the group.اضافة اعلان

According to Bloomberg News, Brent crude futures rose by $1.14 per barrel, reaching $74.24 per barrel. West Texas Intermediate crude also increased by $1.14 per barrel, reaching $70.63.

"OPEC+", which includes members of the Organization of the Petroleum Exporting Countries (OPEC) along with Russia and other allies, was scheduled to raise production in December by 180,000 barrels per day.