|
|
Oil rose more than 2% after Russia announced plans to cut production outputsInternational benchmarks for crude oil concluded the week on a strong note, gaining more than 2% on Friday, 10 February 2023 after Russia announced plans to cut production outputs |
|
International benchmarks for crude oil concluded the week on a strong note, gaining more than 2% on Friday, 10 February 2023 after Russia announced plans to cut production outputs after the West imposed price caps on its barrels. Both benchmarks posted a weekly gain of more than 8%.
Brent jumped $1.89 or 2.2% to close at 86.39/barrel.
WTI added $1.66 or 2.1% to close at $79.72/barrel.
