Monday, July 5, 2021

Saudi-UAE tussle could lead to further hike in crude rates

Hopes of any respite from rising fuel prices receded on Monday after a bitter dispute between Saudi Arabia and UAE on Monday stalled an Opec-plus output deal, raising the prospect of tighter supplies amid recovering demand and prompting oil prices to jump higher.

from Times of India https://timesofindia.indiatimes.com/business/india-business/saudi-uae-tussle-could-lead-to-further-hike-in-crude-rates/articleshow/84153305.cms
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