Oil heads for weekly rise as US adds sanctions on Iran, Opec cuts

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SINGAPORE: Oil prices extended gains on Thursday on the prospect of tighter supply after Washington imposed further sanctions to curb Iranian oil trade and as some OPEC producers pledged more output cuts to compensate for pumping above agreed quotas. Read full story

Date: 17 April, 2025 3:02 pm
Source: thestar.com.my

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