By Royce Vargheese Joseph WTI Crude oil futures ended the previous week 2.9% higher and closed at $93.06 per bbl, as investors weighed on uncertain supply levels from Iran and OPEC against the outlook of lower energy demand. Earlier in the week, Saudi Energy Minister bin Salman flagged the possibility that OPEC+ nations could cut production to counter the ‘disconnect’ in the oil market and potential return of crude exports from Iran. Within 48 hours of comments from Saudi Arabian Energy Minister, fellow members Iraq, Algeria, Kuwait, Equatorial Guinea and Venezuela released statements expressing their support. Also read: Petrol, Diesel …
