💨 Abstract

Oil prices edged higher on Friday, but were set for a weekly drop as investors weighed expectations for higher global supply against fresh stimulus from China. OPEC+ plans to increase production by 180,000 bpd each month from December, with more barrels expected to enter the market after the Central Bank of Libya ended its dispute and some operators resumed operations in the Gulf of Mexico following Hurricane Helene. Meanwhile, U.S.

Courtesy: theprint.in