The Australian Financial Review | Oil advances as Kuwait sees consensus for extended output cuts The Australian Financial Review Kuwait and other countries support prolonging production cuts that are scheduled to expire in June, the Persian Gulf emirate's Oil Minister Issam Almarzooq told state-run news agency KUNA. Prices rose Wednesday after US government data showed that ... Oil Tops $50 as Kuwait Says OPEC in Talks for Meeting Consensus Oil hits three-week highs as OPEC deal extension seen likely Oil tops $50 to finish at a more than 3-week high |