Oil prices were slightly higher in choppy trade on October 4, with Brent hitting four-month highs on a rally inspired by OPEC plans to tighten output before a surging dollar pared gains.
Weaker equity prices on Wall Street limited oil’s run higher.
Reuters: Oil hits four-month high on OPEC speculation; cut gains on dollar
An Emirati man stands at the oil terminal of Fujairah during the inauguration ceremony of a dock for supertankers on Sept. 21, 2016.
