Oil hovers near 11 months, backed by promise to cut Saudi production
Oil hovers near 11 months, backed by promise to cut Saudi production
TOKYO: Oil prices edged up on Friday, hitting near the 11-month highs reached the day before, with Saudi Arabia’s pledge to voluntarily cut production continuing to support market sentiment, although concerns over the Slowing demand for fuel caps gains. Brent climbed 2 cents to $ 54.40 a barrel at 0122 GMT, after closing slightly higher […]
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