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Candid One

06/05/23 5:38 PM

#48892 RE: energybuyer #48891

June is here . We know all about Russia, Saudi Arabia , every other oil and gas company in Colombia … yet , we know nothing about the topic of this forum .. IAHL ?? That’s pretty sad

energybuyer

06/05/23 5:53 PM

#48893 RE: energybuyer #48891

The price of oil jumped Monday but could still have further to go. Both Brent crude, the international benchmark, and West Texas Intermediate, the U.S. standard, were up more than 2% after Saudi Arabia made a move to cut oil production. The Federal Reserve is widely expected to pause its interest-rate increases at its June 13-14 policy meeting as inflation has shown signs of cooling, although one more rate hike is possible in July as a result of the stronger-than-expected labor market.