Crude Oil Price Surge After Supply Cuts

2023 • 7min • News • Business


Published On: September 06, 2023 - Oil prices have hit an all time high after major oil producers Saudi Arabia and Russia have extended the output cut for the next three months. The prices have surged by 7% in the past one week alone and about 25% so far this year. Join News9’s Shweta Kothari and Krishnakumar in conversation with Ashish Maheshwari, Director, Arihant Capital as they discuss the impact of hike in oil prices.