Here is how hike in oil price by Saudi Arabia for July loading eclipsed OPEC+ deal Oil prices, on Monday, hit an intraday high of $121.95 per barrel after Saudi Arabia raised crude prices for July and amid doubts that an increased OPEC+ monthly output target will help ease tight supply. Brent crude firmed 32 cents, or 0.3%, to $120.04 a barrel at 0858 GMT after touching an intraday high of $121.95. U.S. West Texas Intermediate (WTI) crude futures were up 40 cents, or 0.3%, at $119.27 a barrel after…
Read MoreBREAKING: Oil Price Skyrockets To $122 Per Barrel
