Post Tagged with: "Saudi oil production"

Source: Oil Price

Saudi oil production cuts to deepen rift with U.S.

Oil Price


Last week, Brent crude topped $90 per barrel for the first time since last November, and WTI climbed to an 11-month high, too. The reason: Saudi Arabia and Russia said they would extend their oil supply cuts until …

Source: Reuters

Oil rises on Saudi oil production expectations

Reuters


LONDON :Oil prices rose on Friday after a U.S. official told Reuters an immediate Saudi oil output boost is not expected, with further support from indications that the U.S. central bank could raise interest rates less aggressively than anticipated.…