Oil prices surge on suspended OPEC+ talks

No decision was reached during Tuesday's meeting among OPEC+ nations, spurring a slight increase in crude prices.

Photo: Jacob Ehrbahn

Tuesday morning's oil market trading started without any major fluctuations while investors awaited the outcome of ongoing negotiations among the Organization of the Petroleum Exporting Countries and their OPEC+ allies, Reuters reports.

Talks were later suspended, however, prompting crude prices to gain slightly above level from ended Central European trading hours Monday.

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