29/05/2024

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Energy stocks score biggest rise in a month as OPEC+ cuts begin to show (NYSEARCA:XLE)

Energy stocks score biggest rise in a month as OPEC+ cuts begin to show (NYSEARCA:XLE)

Energy stocks score biggest rise in a month as OPEC+ cuts begin to show (NYSEARCA:XLE)

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Energy stocks closed an otherwise mediocre week in strong fashion, as oil traders who have grappled with concerns over the global demand outlook may finally see signs of tightening in the oil market.

Saudi Arabia and Russia started the weekfresh production cuts