(Bloomberg) – Saudi Arabia reported to OPEC that it elevated crude oil manufacturing by simply over 1 million barrels a day (MMbpd) final month, a mirrored image of the restoration amongst Persian Gulf...
WTI crude oil futures settled at $82.61, down $6.70 (-7.50%) on the day. It was the most important one-day decline since April 17, when costs tumbled 9.86%, as easing geopolitical tensions sparked heavy...
