Oil Down, OPEC+ Decides on Supply Increase Even as COVID-19 Cases Continue to Rise. How To Trade In Today Energy Market ??
Oil was down Wednesday morning in Asia, as investors digested an Organization of the Petroleum Exporting Countries and its allies (OPEC+) decision to increase crude oil supply. The cartel’s decision comes as the surge of COVID-19 cases in countries including India continues to cast a shadow over fuel demand.