Brent oil holds above $100 a barrel on potential OPEC cuts

25.08.2022

Benchmark Brent oil held above $100 a barrel on Wednesday after Saudi Arabia suggested this week that OPEC could consider cutting output, though bearish economic signals from central bankers and falling equities weighed.

Brent crude for October settlement traded up 10 cents at $100.32 a barrel by 1332 GMT. U.S. crude...