Brent crude hits above $65 as OPEC+ pauses output hikes

Brent crude-oil futures climbed to approximately $65.10 per barrel after the OPEC+ group signalled a pause in output increases, reinforcing a supply-tight narrative amid demand uncertainty. The U.S. dollar staying strong and the recent trade-deal optimism between the U.S. and China bolstered the energy complex. Market participants noted that the pause adds stability to prices, though global growth concerns remain a backdrop. Energy and commodity-linked stocks may benefit, while inflation and interest-rate watchers consider the move for policy implications.