Oil Prices Mixed as Saudi Arabia Considers Larger Cuts - News Summed Up

Oil Prices Mixed as Saudi Arabia Considers Larger Cuts


Oil prices were mixed Friday as investors weighed reports Saudi Arabia will make further cuts to production. West Texas Intermediate futures, the U.S. standard, was up 0.6% at $46.21 a barrel on the New York Mercantile Exchange. Brent crude, the global oil benchmark, dropped 1.1% to 53.74 a barrel on London’s Intercontinental Exchange. HIGHLIGHTSSaudi Output:Saudi...


Source: Wall Street Journal December 21, 2018 11:04 UTC



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