Crude oil surges as Saudi Arabia extends voluntary cuts in production
Mint Mumbai|June 06, 2023
With Saudi Arabia announcing an additional production cut of crude oil, international crude oil prices surged over 2% on Monday.
Rituraj Baruah
Crude oil surges as Saudi Arabia extends voluntary cuts in production

The August contract of Brent on the Intercontinental Exchange rose 2.10% to $77.73 per barrel, and the July contract of West Texas Intermediate (WTI) was trading at $73.38 a barrel, higher by 2.29% from its previous close, at the time of writing the story.

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