Oil soars above $ 55, set for weekly gain on Saudi production cut
Oil soars above $ 55, set for weekly gain on Saudi production cut
Oil prices hit 11-month highs and were on track for a weekly gain on Friday, supported by Saudi Arabia’s pledge to cut production and a rally in global stocks as investors looked beyond of the rise in coronavirus cases. Brent climbed 88 cents, or 1.6%, to $ 55.26 a barrel at 2:36 p.m. GMT, the […]
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