Brent Price Surges over $71 a barrel

(MENAFN - Saudi Press Agency) New York, Jun 1, 2021, SPA -- Oil prices jumped to its highest level, in two years, following OPEC decision to gradually raise the production. While Brent blend, the benchmark, rose over $71 a barrel, an increase of 2.64 per cent, the West Texas Intermediate rose to $68.6 a barrel, gaining about 3.5 per cent. --SPA 22:00 LOCAL TIME 19:00 GMT 0050 MENAFN01062021000078011016ID1102189264