The Latest Breaking News from Citi

Key Takeaways: Atour could become the biggest U.S. IPO by a Chinese firm in more than a year with its latest listing application to raise more than $300 million

US expresses disappointment in move that could spur an increase in oil prices, which had dropped in recent months.

OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted.

Oil prices retreated slightly on Thursday after gaining more than $3 in the prior session, with a strong dollar capping oil demand from buyers using other currencies and concerns over the faltering economic outlook clouding market sentiment. Brent crude futures fell 41 cents, or 0.5%, to $88.91 per barrel by…