September 5, 2024

Oil Prices Rise 1% As OPEC+ Delays Output Increase

Oil prices rose nearly 1% on Thursday, amid a larger-than-expected drawdown in US inventories and OPEC+ delaying an output increase.

Brent crude futures rose 89 cents, or 1.2%, to $73.59 a barrel, while US West Texas Intermediate (WTI) crude futures

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Job Openings in the US Reach 3-Year Low

The number of job openings was little changed at 7.7 million on the last business day of July, the U.S.

Bureau of Labor Statistics reported today.

The figure was the lowest since January 2021, a hint that the labor market

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