Tue, 06 Jul 2021 11:34:36 GMT
Crude oil reaches 2018 high level
On Tuesday, the US Light Crude oil price and other oil price benchmarks had reached 2018 high levels.
The surge of crude oil prices started, as on Monday the OPEC+ countries met to agree upon a common oil production policy. However, the meeting encountered a stand-off between Saudi Arabia and the United Arab Emirates. Afterwards, OPEC+ announced that it would