Oil gains 2 pct as Saudi Arabia readies more supply cuts

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Oil gains 2 pct as Saudi Arabia readies more supply cuts
12 February 2019, London — Oil prices were up more than 2 percent on Tuesday on steep OPEC production cuts, with its de-facto leader Saudi Arabia planning to drop March crude output by more than a half a million barrels per day below its initial pledge. Rising investor optimism for a breakthrough in the latest round … More »
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