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Oil rises as Saudi Arabia says producers will cooperate beyond 2018

Oil rises as Saudi Arabia says producers will cooperate beyond 2018

23 January 2018, News Wires – Oil prices climbed on Monday, pushed higher by comments from Saudi Arabia that cooperation between oil producers who are withholding supplies would continue beyond 2018. Strong global economic growth and a drop in U.S. drilling activity also supported crude, traders said. Brent crude futures were at $68.84 a barrel at 0756 GMT, …

The post Oil rises as Saudi Arabia says producers will cooperate beyond 2018 appeared first on SweetCrudeReports.

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