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[size=35][size=35]After the Saudi warning, oil prices are rising again[/size]
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2022-08-23 | 01:47
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Alsumaria News - Economy
Brent crude futures rose 32 cents to $96.80 a barrel by 00:04 GMT, after a volatile session on Monday when it fell more than four dollars before paring losses to near stability.
US West Texas Intermediate crude futures also rose 37 cents to $90.73 a barrel.
On Monday, Saudi Arabia said that the organization stands ready to cut production to correct the recent drop in oil prices, which is due to weak futures market liquidity and macroeconomic concerns.
In the meantime, face[You must be registered and logged in to see this link.]New disruption to the energy supply due to damage to the pipeline system that transports oil from[You must be registered and logged in to see this link.]Across[You must be registered and logged in to see this link.], raising fears of reduced gas supplies.
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Economie
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2022-08-23 | 01:47
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1,614 views
Alsumaria News - Economy
Oil prices rose today, Tuesday, after Saudi Arabia warned that the Organization of the Petroleum Exporting Countries (OPEC) may cut production to correct the recent decline in oil futures.
Brent crude futures rose 32 cents to $96.80 a barrel by 00:04 GMT, after a volatile session on Monday when it fell more than four dollars before paring losses to near stability.
US West Texas Intermediate crude futures also rose 37 cents to $90.73 a barrel.
On Monday, Saudi Arabia said that the organization stands ready to cut production to correct the recent drop in oil prices, which is due to weak futures market liquidity and macroeconomic concerns.
In the meantime, face[You must be registered and logged in to see this link.]New disruption to the energy supply due to damage to the pipeline system that transports oil from[You must be registered and logged in to see this link.]Across[You must be registered and logged in to see this link.], raising fears of reduced gas supplies.
[You must be registered and logged in to see this link.]
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