FlowBank

1198 days ago • Posted by William Ramstein

Oil is coming back up

Saudis pledge to cut 1m barrels a day of oil thus lowering the supply and increasing the price. The saudis said the move represented a a domestic effort to support local economies and partners. brent crude moves up and the US benchmark West Texas Intermediaries pushed above $50. Source: FT

#Commodities
OIL BRENT CRUDE GOES UP
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