Oil prices reach a nine-month high
Oil prices hit a nine-month high due to production cuts by Saudi Arabia and Russia, creating tensions in the market. Analysts at Rystad forecast a deficit of 2.7 million barrels per day in the final quarter of the year, raising concerns about future supply despite sustained demand.
| Sector | Pétrole |
|---|---|
| Theme | Marchés & Finance, Prix |
Oil prices closed at their highest level in over nine months on Tuesday, boosted by announcements that Russia and Saudi Arabia would be extending their cutbacks, which tightened up an already tense market.
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