Bloomberg | Oil Climbs to 18-Month High as Kuwait and Oman Fulfill OPEC Cuts Bloomberg Officials from Oman and Kuwait told local media they're cutting oil production in January, fulfilling pledges that they and 22 other producers made on Dec. 10. Prices also advanced as China's manufacturing purchasing managers index stabilized near a ... The reasons why oil won't put in a repeat performance of its 2016 gains: Analyst Crude oil rallies to 18-month high as OPEC output deal kicks in Crude oil is soaring as OPEC's deal to reduce production kicks in |