BNN | Oil shows signs of recovery on expected OPEC cut extension BNN Oil prices on Monday received a respite after a panel of OPEC and other allied producers recommended an extension of cuts into the second half of 2017, a source said. "This no longer comes as any surprise, given that the influential Arab Gulf ... Oil Falls Sixth Day as OPEC Seen Needing to Extend Output Curbs Oil investors raise bets on higher prices and lose, thanks to shale boom A Bad Week For Oil |