Reuters | Oil rallies 2 percent as Saudi promises to cut exports Reuters London (Reuters) - Oil rose by more than 2 percent on Tuesday after Saudi Arabia vowed to reduce exports from next month and OPEC called on members to boost compliance with agreed output cuts to help curb oversupply and support flagging crude prices ... Oil is flirting with its best close in almost 2 months Traders Think Hedge Funds Are Missing a Trick With Oil Oil continues to gain as OPEC raises hopes of market rebalancing |