Oil Steadies as Traders Look to OPEC Report and Inflation Data

(Bloomberg) -- Oil held a gain before the release of OPEC’s market outlook, with traders looking for clues on whether supply curbs will be extended, and US inflation data that will shape expectations for monetary policy.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Retail FrenzyTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsChina to Start $138 Billion Bond Sale on Friday to Boost EconomyMacr

martedì 14 maggio 2024 New tab

302 words~1 min read

(Bloomberg) -- Oil held a gain before the release of OPEC’s market outlook, with traders looking for clues on whether supply curbs will be extended, and US inflation data that will shape expectations for monetary policy.