Reuters | Oil prices climb on expectation of OPEC-led output cut Reuters SINGAPORE Oil prices rose around 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein oversupply that has kept prices low for over two years. International Brent crude oil futures LCOc1 were trading at $47.35 per barrel at ... Iraq to Offer New Proposals to Implement OPEC Oil Output Cut Will Russian Oil Break America's "Marriage" To Saudi Arabia? Oil Bets Are the Biggest in 9 Years Amid OPEC, Trump Volatility |