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Saudi Arabia began to increase production, dragging crude prices down slightly on Friday

 Last Update: 2022-11-24
 Source: Internet
 Author: User

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According to Dow Jones on June 8, despite production concerns in Venezuela and Iran, investors continue to bet that crude oil supply will still increase, and oil prices fell slightly on Friday
.

Light sweet crude futures for July delivery on the New York Mercantile Exchange fell 0.
3 percent to $
65.
74 a barrel.
Brent crude futures fell 1.
1 percent to $
76.
46 a barrel.

Saudi Arabia said Friday afternoon that it had begun to increase production
before major oil exporters met in June to assess whether to ease production restrictions.

According to Dow Jones on June 8, despite production concerns in Venezuela and Iran, investors continue to bet that crude oil supply will still increase, and oil prices fell slightly on Friday
.

crude

Light sweet crude futures for July delivery on the New York Mercantile Exchange fell 0.
3 percent to $
65.
74 a barrel.
Brent crude futures fell 1.
1 percent to $
76.
46 a barrel.

Saudi Arabia said Friday afternoon that it had begun to increase production
before major oil exporters met in June to assess whether to ease production restrictions.

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