Oil rises on Saudi oil production expectations - Reuters.com
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7/15/2022 12:00:00 AM3 years 7 months ago
Oil prices gained 2.5% on Friday after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has the room to significantly ramp up crude production.
NEW YORK, July 15 (Reuters) - Oil prices gained 2.5% on Friday after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has… [+2939 chars]
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