Saudi Arabia and Russia have agreed to extend their voluntary oil production cuts through the end of 2021, a move that could help stabilize the global oil market and boost energy prices. The combined cuts of 1.3 million barrels of crude out of the global market are intended to “support the stability and balance of oil markets”, pushing benchmark Brent crude above $90 a barrel in trading Tuesday afternoon. The agreement comes despite President Joe Biden's warning of unspecified “consequences” for partnering with Russia on cuts.
Posts tagged as “Brent Cagle”
An altercation between a bus driver and a passenger in Charlotte, North Carolina resulted in a gunfight, leaving both men seriously injured. Surveillance footage shows the argument that led to the exchange of gunfire, and CATS Interim CEO Brent Cagle has condemned the incident. Both Fullard and Tobias were taken to the hospital, and CATS is reminding passengers that weapons are not allowed on their buses.