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Saudi Arabia’s ‘Whatever It Takes’ Strategy Boosts Oil Prices

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nytimes.com/2023/06/05/business/dealbook/saudi-arabia-opec-oil-prices.html

Brent crude rose on Monday after the world’s biggest oil producer announced it would be the lone OPEC Plus member to cut production next month.
Riyadh goes it alone on oil cuts Crude oil and natural gas rebounded this morning after Saudi Arabia, the world’s biggest exporter, announced a million-barrel-per-day production cut at this weekend’s OPEC Plus summit in an effort to…

This story from nytimes.com was posted on 2023-06-05 by @daydreamr.

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