Oil is hardly changed on supply cut extension
Opec and allies extend production curbs until March 2020 amid concerns about a slowing global economy
03 July 2019 - 09:02
Singapore — Oil prices edged higher on Wednesday after a steep fall in the previous session, supported by extended output cuts by the Organisation of the Petroleum Exporting Countries (Opec) and its allies despite concerns that a slowing global economy could crimp demand.
An expected large draw in US crude oil inventories also underpinned sentiment after a bigger-than-expected stocks fall in a private survey...
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