Oil rises after Opec+ says to keep output cuts http://bit.ly/2W9av9v - Walletnews For Me

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Monday, May 20, 2019

Oil rises after Opec+ says to keep output cuts http://bit.ly/2W9av9v

Oil rose to multi-week highs on Monday after Opec indicated it will likely maintain production cuts that have helped support prices this year, while tensions continued to escalate in the Middle East. Brent crude was up by 96 cents, or 1.3%, at $73.17 a barrel by 0227 GMT, having earlier touched $73.40, the highest since April 26.
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