Friday, July 3, 2026

U.S. West Texas Intermediate (WTI)

June 5, 2023

Oil prices rise as Saudi announces production cut

Oil prices were on the rise on Monday following Saudi Arabia’s announcement that it would cut its oil output by one million barrels a day in July.

Fuel pump
March 3, 2021

Oil prices rise as OPEC+ decides against increasing output

Brent oil was up $1.28, or two percent, to $63.98 a barrel by 1050 GMT.

OPEC

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