scorecardresearchOil Price Gains After Saudis Flag OPEC+ Action to Arrest Price Slide

Oil Price Gains After Saudis Flag OPEC+ Action to Arrest Price Slide

Updated: 23 Aug 2022, 08:21 AM IST
TL;DR.
Oil rose to trade near $91 a barrel after Saudi Arabia said OPEC+ may be forced to cut production to stabilize a volatile market.
FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic//File Photo/File Photo

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic//File Photo/File Photo