Oil Prices Are Near 3 Months highs as Saudi Arabia is Expected to Extend its Cut Extension
Oil prices hovered near three-month highs on Monday, poised to record their most significant monthly gains in over a year. The surge in prices is driven by expectations that Saudi Arabia will extend voluntary output cuts into September, leading to a tightening of global supply. Brent crude futures dipped slightly to $84.90 a barrel, and … Read more
