Fetching News Details

Oil gains more than $1/bbl after Saudi price hike
Dec. 6, 2021
Source: Reuters

Oil gains more than $1/bbl after Saudi price hike

SINGAPORE, Dec 6 (Reuters) - Oil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised prices for its crude sold to Asia and the United States, and as indirect U.S.-Iran talks on reviving a nuclear deal appeared to hit an impasse. Brent crude futures for February gained $1.69, or 2.4%, to $71.57 a barrel by 0033 GMT while U.S. West Texas Intermediate crude for January were at $67.92 a barrel, up $1.66, or 2.5%.

   Read More About : OPEC Saudi Arabia US
⬅ all news

Please Login to Save News for Later