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Full Version: Oil prices surge to 4-month highs after Saudi, Russia output cuts
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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
Well, that basically gonna kill Biden's 2nd term at the White House in 2024... Big Grin