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Oil Steadies After Weekly Slump as Saudi Arabia Raises Prices

Oil steadied after the biggest weekly drop since February as Saudi Arabia hiked selling prices for grades to Asia for the third month in a row, signaling confidence in the outlook with the OPEC+ cartel cutting supply.


  • May 06 2024
  • 207
  • 14409 Views
Oil Steadies After Weekly Slump as Saudi Arabia Raises Prices
Oil Steadies After Weekly Slump as Saudi Arabia Raises Prices
(Bloomberg) — Oil steadied after the biggest weekly drop since February as Saudi Arabia hiked selling prices for grades to Asia for the third month in a row, signaling confidence in the outlook with the OPEC+ cartel cutting supply. Read More

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