Oil Prices Rise Above $100 a Barrel as Biden Fails to Secure an Oil Output Deal with Saudi Arabia

Posted on the 18 July 2022 by Phil's Stock World @philstockworld

Oil prices rose Monday as supply pressures brew following President Joe Biden's visit to Saudi Arabia. The Brent crude, global benchmark rose 2.69% to $103.79 a barrel - set for its biggest one-day rise since early July. Last week, it dropped for a fifth straight week, under pressure from concerns ...

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