Your Daily Brief For June 6th

Your Daily Brief For June 6th

9 months ago1 min

Today's Stories

Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at Saudi Arabia, which just announced oil production cuts again.

"The oil price has been on a downward trajectory amid recession fears – and with further drops last month, Saudi Arabia is now planning to implement more supply cuts."

Key takeaways:

  • Saudi Arabia announced another cut in oil supply – a bid to fire up the price of the slippery stuff
  • Fresh forecasts showed airline profits could make a jump this year
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