Oil jumps almost 3% as tight supply moves back into focus - Reuters
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8/23/2022 12:00:00 AM2 years 8 months ago
Oil rose almost 3% on Tuesday as tight supply moved back into focus as a result of Saudi Arabia floating the idea of OPEC+ output cuts to support prices and the prospect of a drop in U.S. crude inventories.
LONDON, Aug 23 (Reuters) - Oil rose almost 3% on Tuesday as tight supply moved back into focus as a result of Saudi Arabia floating the idea of OPEC+ output cuts to support prices and the prospect of… [+1925 chars]
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