Oil Gains Nearly 3% As Price Drop Triggers Purchase
Oil gained more than $1.50 per barrel on Tuesday, rebounding on technical factors and bargain hunting. Although concerns about a market surplus persisted, the increase was fueled after a decision by OPEC+ to boost output sent prices down in the previous session, Brent crude futures rose $1.67, or 2.8%, to $61.90 a barrel by 0927…
