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Oil prices drop following Saudi Arabia raising crude output Report

Oil prices fell Thursday morning, just hours after a new report revealed Saudi Arabia, the worlds largest crude exporter, is considering increasing production later this year. The move comes just weeks after the nation and eight other members of OPEC+ agreed to temporarily pause oil output hikes,

Posted by Hicham ALAOUI RIZQ on 2024, Sep 26

Introduction

Oil prices fell Thursday morning, just hours after a new report revealed Saudi Arabia, the worlds largest crude exporter, is considering increasing production later this year. The move comes just weeks after the nation and eight other members of OPEC+ agreed to temporarily pause oil output hikes,

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