Tuesday, September 5, 2023

Tuesday, September 5, 2023 — WTI Breaks $87 Going Up

Locator: 45525OIL.   

At $87.09 this morning. 

Saudi will extend production cut through end of the year 2023.

Russia will maintain its 300,000 bopd cut.

Biden’s team has a “no new drilling” mentality.