Reuters | Oil rises on Saudi pledge to make real supply cuts Reuters "Crude oil is still struggling to rebound," said Olivier Jakob, strategist at Petromatrix, explaining that the cuts from Saudi Arabia would need to continue beyond summer to have a significant impact. "They're making a lot of headlines about reducing ... Oil settles higher as market looks ahead to fresh data for guidance Oil rises on Saudi pledge to make real supply cuts to Asia, US India is Opec's litmus test on oil demand growth |