07-08-2023, 01:57 PM
PUBLISHED MON, AUG 7 20231:34 AM EDT UPDATED 17 MIN AGO
Lee Ying Shan
Oil prices surged Monday to their highest since mid-April, following an attack on a key Russian oil export hub and extended production cuts by OPEC kingpin Saudi Arabia and Russia.
Over the weekend, Ukraine launched a naval drone attack on Russia’s port of Novorossiysk, a critical hub on the Black Sea for Russian oil exports.
https://www.cnbc.com/2023/08/07/oil-pric...ttack.html
Lee Ying Shan
Oil prices surged Monday to their highest since mid-April, following an attack on a key Russian oil export hub and extended production cuts by OPEC kingpin Saudi Arabia and Russia.
Over the weekend, Ukraine launched a naval drone attack on Russia’s port of Novorossiysk, a critical hub on the Black Sea for Russian oil exports.
https://www.cnbc.com/2023/08/07/oil-pric...ttack.html