Oil prices head for weekly drop as OPEC+ may discuss larger output hike for July
-Oil prices were steady on Friday and headed for a second consecutive weekly loss, as investors weigh a potentially larger OPEC+ output hike for July,
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Oil has been the world’s most important source of energy since mid-1950s. Its products underpin modern society, supplying energy to power industry, heat homes, fuels for vehicles and various means of transportation to carry goods and people all over the world.
For this reason, it is important we stay informed on one of our high-priced goods to ensure our resources are safe and secured.