2nd June 2021 Morning Report

Oil producers like Russia and OPEC agree to increase the oil production as the oil prices soared on Tuesday. It says that Saudi Arabia will increase 350,000 barrels per day in June and 441,000 barrels per day in July, but the demand growth still outpace the supply. 

Brent crude oil price was above $71 a barrel; West Taxes was above $68.50 a barrel.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

May 9th Morning Report
May 8th Morning Report
May 7th Morning Report
May 5th Morning Report
May 2nd Morning Report
May 1st Morning Report
April 30th Morning Report
April 29th Morning Report
April 28th Morning Report
April 24th Morning Report