Brent oil hits its highest level since February after production cut in Saudi Arabia

Brent oil hits its highest level since February after production cut in Saudi Arabia

TOKYO: Brent oil prices rose Wednesday to the highest since February after Saudi Arabia agreed to cut production more than expected in a meeting with allied producers, while industry data showed that US crude inventories declined last week. Brent rose 0.6 percent to $ 53.94 a barrel, the highest since February 26, 2020. It was […]
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