Crude oil soars to 11-month high, registers 8% weekly gain on Saudi production cut - THEMARKETTRENDZ

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Friday, 8 January 2021

Crude oil soars to 11-month high, registers 8% weekly gain on Saudi production cut

Saudi Arabia this week pledged extra, voluntary oil output cuts of 1 million barrels per day (bpd) in February and March as part of a deal under which most OPEC+ producers will hold production steady during new lockdowns.

from Commodities-Markets-Economic Times
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