Oil futures fall as Saudi Arabia said to seek more big OPEC output hikes

1 month ago 42
 the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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Crude oil futures turned lower in a volatile session Wednesday, as a Bloomberg report said Saudi Arabia is open to additional significant OPEC+ production hikes after July in a bid for market share.

The Saudis want the group to add

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