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Wednesday, November 29, 2023

Oil bounces to two-week high as Saudi says OPEC will do ‘whatever necessary’

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Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

Crude oil futures rose Wednesday after Saudi Arabia’s energy minister said OPEC and its allies would do “whatever necessary” to support the oil market, hinting at the potential for further production cuts.

Prince Abdulaziz bin Salman said new joint oil


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