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WTI Oil: Oil Price Jumps on Saudi Big Oil Cuts

WTI Oil: Oil Price Jumps on Saudi Big Oil Cuts
WTI oil opened with 2.6% gap higher on Monday, lifted by decision of Saudi Arabia to reduce production to 9 million barrels per day in July from 10 million in May, the biggest reduction in years. The Saudi Arabia’s cut comes on top of OPEC+ agreement to limit oil supply in 2024, aiming to boost […] The post WTI Oil: Oil Price Jumps on Saudi Big Oil Cuts appeared first on Action Forex... Read More
Posted: Jun 5 2023, 10:18
Author Name: actionforex
Views: 110832

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