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Oil prices jump, markets narrow odds on Fed hike

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Oil prices surged on Monday after and other OPEC+ producers announced a surprise round of output cuts, a potentially ominous sign for global inflation just days after a slowdown in U.S. price data had boosted market optimism, according to Reuters. Brent oil futures jumped $3.94 to $83.83 a barrel on news output would be cut […] The post Oil prices jump, markets narrow odds on Fed hike appeared first on Știri online, ultimele știri, presa online, ziar online - Sursazilei.ro .

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