Oil advances as major producers expected to keep output cuts in place
Oil prices increased in Asian trading on Wednesday, driven by expectations that major producers will sustain output cuts in an upcoming meeting on Sunday, and by the anticipated rise in fuel consumption as the peak summer demand season begins. By 0630 GMT, Brent crude futures for July delivery had gained 18 cents, or 0.2%, […]
Oil advances as major producers expected to keep output cuts in place Read More »