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Oil rises on OPEC-led cuts, but market remains range-bound - Reuters
Reuters | Oil rises on OPEC-led cuts, but market remains range-bound Reuters SINGAPORE Oil rose on Tuesday, supported by an OPEC-led effort to cut output, but rising production elsewhere kept prices within the narrow range that has contained them so far this year. Brent crude futures LCOc1, the international benchmark for oil ... US crude settles at $52.93, down 1.7% on concerns about rise in US drilling Oil suffers first loss in 4 sessions as US output concerns flare up Is $60 Oil Within Reach? | OilPrice.com |
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