Stay updated with breaking news from Mukesh Sahdev. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Oil Prices Today: Saudi Arabia will extend its 1 million barrels per day (bpd) output cut into August and Russia will cut crude exports by 500,000 bpd. Instead of cutting output, Russia will be using the crude to produce more fuel to meet domestic demand, a government source told Reuters on Friday.
SINGAPORE: Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data...
Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top...
/cloudfront-us-east-1.images.arcpublishing.com/tgam/E6MEFENOMJLU3NE5IZEEX5M57A.jpg)
Brent crude futures fell 73 cents to $77.74 a barrel by 1005 GMT, while U.S. West Texas Intermediate crude was also off 72 cents at $73.14
Oil traders may be cautious ahead of the US’s CPI and Chinese economic data later this week