Oil extends gains after surprise drop in Saudi production
Oil extends gains after surprise drop in Saudi production
Oil prices extended their gains on Wednesday, hitting their highest level since late February, after Saudi Arabia announced a large voluntary cut in production, and as an industry report showed, inventories Americans fell last week. Brent rose 85 cents, or 1.6%, to $ 54.45 a barrel at 10:50 a.m. GMT, its highest level since February […]
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