Oil holds above $80/bbl on OPEC+ cuts, traders eye China recovery

SINGAPORE  – Oil prices edged up on Monday, supported by OPEC+’s plans to cut more output, while investors eyed Chinese economic data for signs of a demand recovery by the world’s No. 2 oil consumer. Brent crude futures nudged 17 cents higher to $86.48 a barrel by 0144 GMT, while U.S. West Texas Intermediate crude … Continue reading Oil holds above $80/bbl on OPEC+ cuts, traders eye China recovery