Oil surges 8% after OPEC+ blindsides market with production cut – Times of India

[ad_1] Oil surged at the week’s open after OPEC+ unexpectedly announced crude output cuts that threaten to tighten the market, delivering a fresh inflationary jolt to the world economy and irking the White House.West Texas Intermediate soared as much as 8%, the biggest intraday move in more than a year, and traded at $79.38 a … Read more