Crude oil prices decline over the set reversal of Saudi Arabia’s output cuts

Crude oil prices fell on Thursday following news over the possible reversal of Saudi Arabia’s output cuts. However, the bullish inventories data released by the API supported prices. WTI futures were down by 1.03% to trade at $61.06. Similarly, Brent futures fell by 0.89% to $64.32. Saudi Arabia likely to reverse its output cut Saudi […]