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Asian oil prices jump over Middle East tensions
(MENAFN- Jordan News Agency)
Amman, May 20 (Petra) - Asian oil prices rose on Monday following tensions in the Middle East and Saudi consensus to maintain production cuts to "gently" reduce inventories.
The U.S. crude jumped 90 cents fetching $63.66 a barrel, while Brent crude at $73.27 per barrel.
Ministers of the Organization of Petroleum Exporting Countries (OPEC) and its partners have previously met in the Saudi city of Jeddah to discuss the limiting of oil production.
RZ
20/05/2019 10:25:58
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