Oil Rises on Saudi Arabia’s Go-It-Alone July Production Cuts

Saudi Arabia lowering output by extra 1 million b/d for July
WTI jumps almost 5% in early trade before paring gains

https://www.bloomberg.com/news/articles/2023-06-04/latest-oil-market-news-and-analysis-for-june-5?srnd=premium-europe#xj4y7vzkg