Reuters | Oil briefly hits $71, with US supply, Middle East in focus Reuters Saudi Crown Prince Mohammed bin Salman told Reuters that OPEC and Russia were working on a long-term deal to cooperate on oil supply curbs that could extend controls over supplies by major exporters for years to come. Geopolitical factors have also ... Oil Advances as Easing Trade Tensions Counter Oversupply Fears China's oil futures surge on their debut China launches oil futures to stake claim on its own benchmark |