European stocks head for flat open as investors focus on oil market moves

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European stocks are heading for a flat open as investors focus on the latest oil market action after Saudi Arabia and Russia extended oil production cuts.

Saudi Arabia will extend its cut of 1 million barrels per day until the end of December, while Russia will reduce its oil exports by 300,000 barrels per day.

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Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Saudi Arabia, Russia extend oil cuts through 2023, boosting market pricesSaudi Arabia and Russia on Tuesday prolonged oil production cuts through the end of this year in a bid to drive market prices higher after remaining far below 2022 record levels.
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Energy stocks lead S&P 500 again, as Saudi Arabia, Russia extend crude-supply cutsEnergy stocks are leading the S&P 500 index on Tuesday, while most other sectors are in red, as Saudi Arabia and Russia extend oil supply cuts.
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