Oil rises 2%, reverses losses as Opec+ addresses market weakness

Production in the US Gulf of Mexico remains shut in as operators begin returning personnel to platforms following Hurricane Sally

Oil price: Brent oil futures extended gains to settle up $1.08 or 2.56% at $43.30 a barrel — Oil price: Brent oil futures extended gains to settle up $1.08 or 2.56% at $43.30 a barrelPhoto: REUTERS/SCANPIX

Reuters
Julia Martinez

Houston

US production Americas North America

Published 17 September 2020, 21:30Updated 17 September 2020, 21:31