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Oil rises as OPEC-led output cuts trim oversupply - Yahoo Finance
Reuters | Oil rises as OPEC-led output cuts trim oversupply Yahoo Finance LONDON (Reuters) - Oil strengthened slightly on Tuesday, supported by an OPEC-led effort to cut output while rising production elsewhere kept prices within the narrow ranges that have contained them so far this year. Brent crude was 45 cents higher at ... Oil down 2 percent as dollar firms, OPEC compliance rate shrugged off US crude settles at $52.93, down 1.7% on concerns about rise in US drilling Oil prices fenced in by mixed signs on global output |
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