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While OPEC+'s strategy has contributed to a supply glut that weighed on crude prices and effectively eroded some of the group's profits, experts say a mix of other factors offset them.

Gauges of manufacturing and services activity will be the main focus in China, as observers look for signs of strength in an economy weighed down by tariffs and weak consumption.

She adds that crude oil prices remain vulnerable and any serious progress in peace talks would unleash more Russian barrels into an already oversupplied market and weigh on oil prices.

Last year, Reuters reported the banking firm was weighing options in London after outgrowing its existing 33-storey tower in Canary Wharf.

In China, plans by a major property developer to postpone repaying debt weighed on the CSI 300 index.