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OPEC+ may approve an oil output increase at its meeting on Sunday, though the move is expected to remain largely symbolic as key producers are unable to raise supply due to disruptions caused by the US-Israeli war with Iran, Reuters reported citing sources.Eight OPEC+ members are scheduled to meet at 1300 GMT to discuss production…
File photo (Picture credit: AP) Asian shares advanced on Friday, tracking Wall Street’s record close, as investors looked ahead to key US jobs data that could pave the way for interest rate cuts by the Federal Reserve. Oil prices, meanwhile, extended losses as supply expectations grew.In Tokyo, the Nikkei 225 rose 0.9% to 42,945.16 after…
File photo (Picture credit: AP) Asian stocks gained on Thursday as dovish signals from US Federal Reserve officials and weak labour market data reinforced bets on interest rate cuts, even as oil prices extended losses ahead of a key Opec+ meeting.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5% after US equities closed with…
