Financial Times | Oil stays above $60 as production cuts seen holding for next year Financial Times Oil sustained its rise above $60 a barrel on Monday as expectations of an extension to Opec-led production cuts beyond March buoyed prices. “The latest uptick can to a certain extent be attributed to further Saudi and Russian support for extending the ... Oil prices rise on expected extension of output cuts Crude oil's medium term outlook positive but expect some profit-booking Oil Extends Two-Year High as Saudis, Russia Back Prolonged Cuts |