|
|
Oil settled higher as Russia threatened output cuts in response to price capOil settled higher as Russia threatened output cuts in response to price cap |
|
International benchmarks for crude oil ended the trading session on Friday, 24 December 2022 higher after Russia said it could cut production outputs by 5-7% in early 2023 in response to the G7 price cap.
Brent added $2.94 or 3.6% to settle at $83.92/barrel.
WTI gained $2.07 or 2.7% to close at $79.56/barrel.
