Oil prices rise after Saudi says OPEC could cut output - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Monday, 22 August 2022

Oil prices rise after Saudi says OPEC could cut output

The Organization of the Petroleum Exporting Countries stands ready to reduce production to correct the recent oil price fall driven by poor futures market liquidity and macro-economic fears, which has ignored extremely tight physical crude supply, OPEC's leader Saudi Arabia said on Monday.

from Commodities-Markets-Economic Times
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