Oil futures settle at their highest in two weeks on Wednesday, finding support after Saudi Arabia’s energy minister reportedly said that the kingdom and its allies will do whatever is necessary to support the oil market.
The comments from Saudi Energy Minister Prince Abdulaziz bin Salman at an OPEC+ seminar was reported by a number of news agencies and follows the Saudi’s announcement Monday that it would extend its voluntary production cut by another month, through August.
Tensions…
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