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Oil jumps after Saudi Arabia hikes crude prices

6 June 2022 by Admin
Oil jumps after Saudi Arabia hikes crude prices

Oil prices rose more than $2 in early trade on Monday after Saudi Arabia raised prices sharply for its crude sales in July, an indicator of how tight supply is even after OPEC+ agreed to accelerate its output increases over the next two months. Brent crude futures were up $1.80, or 1.5%, at $121.52 a … Read more

Categories Economy Tags Arabia h, crude prices, Extending, GMT, Saudi Arabia Leave a comment

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