Oil jumps after Saudi Arabia hikes crude prices - Reuters.com


6/5/2022 12:00:00 AM2 years 11 months ago

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.

MELBOURNE, June 6 (Reuters) - 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 afte… [+2170 chars]

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