Oil prices fell earlier on Thursday as Saudi Arabia and other OPEC+ states agreed to bring forward oil production rises to offset Russian output losses to ease surging oil prices and inflation and smooth the way for an ice-breaking visit to Riyadh by U.S. President Joe Biden....
Read full storyThe Kremlin says it can re-route oil exports to minimize losses from EU sanctions, but analysts remain skeptical." The extent to which this will prove achievable is questionable, however....
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2022-06-03 00:00:00.0