Oil hits 11-month high near $ 57 as Saudi supply supports
Oil hits 11-month high near $ 57 as Saudi supply supports
Oil hit an 11-month high just below $ 57 a barrel on Tuesday, as tighter supply and expectations of lower U.S. inventories offset concerns over rising coronavirus cases in the world. Saudi Arabia plans to cut production by an additional one million barrels per day (b / d) in February and March to control stocks. […]
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