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Oil jumps 1.5% as OPEC+ surprises with smaller-than-expected output hike (CL1:COM:Commodity)

Oct. 06, 2025 3:04 AM ETCrude Oil Futures (CL1:COM), CO1:COMUCO, XLE, USO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOIBy: Arundhati Sarkar, SA News Editor
Global Oil Market and Financial Trading

Oil futures climbed about 1.5% on Monday after OPEC+ opted for a modest production hike, easing market fears over a potentially larger supply boost.

Brent crude futures (CO1:COM) were up +1.51% at $65.50/bbl at the time

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