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News 2026-07-06 17:30 UTC

EMEA Oil Update: Crude Steadies After Saudi Arabia Cuts Prices, OPEC Hikes Output

() -- EMEA crude futures were little changed in after-hours trading on Monday after OPEC+ agreed to further increase output targets from August and Saudi Arabia announced significant price cuts for Asian customers. Brent crude futures slipped by 0.4% to $71.83 per barrel, while Murban crude futures retreated by 0.6% to