Oil hits new 11-month highs after falling US inventories
Oil hits new 11-month highs after falling US inventories
Oil prices were flat Thursday after hitting new 11-month highs following a drop in US inventories and Saudi Arabia’s pledge to cut production more than expected. Brent crude was flat at $ 54.30 a barrel at 2:52 p.m. GMT after touching $ 54.90, a new high not seen since the first lockdowns of COVID-19 in […]
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