Oil steady amid OPEC+ supply cut expectations


FILE PHOTO: A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture. REUTERS/Dado Ruvic

NEW DELHI: Oil prices were stable on Monday, amid expectations that major producers would keep supplies tight, as hopes grew for the Federal Reserve to leave interest rates unchanged to avoid dampening the U.S. economy.

Brent crude futures for November traded down 3 cents at $88.52 a barrel by 0648 GMT. U.S. West Texas Intermediate crude (WTI) October futures were unchanged at $85.55 a barrel.

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Brent , WTI , OPEC

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