Oil prices rise as Russia, OPEC prepare to cut production

Oil prices reversed course and rose as much as three per cent on Thursday, after industry sources said Russia had accepted the need to cut production, together with OPEC ahead of its meeting next week.
U.S. crude futures rose $1.64, or 3.3 per cent, to $51.94 a barrel.

comments powered by Disqus
More Stories
Most Popular
Luton Shelton's father passes
Victoria Mutual Investments records 50%...