Oil edges up and is on track for weekly gain
Opec+ has pushed for better compliance with output quotas as a new storm is forming in the Gulf that may hit US output next week
18 September 2020 - 13:27
London — Oil prices ticked up on Friday on track for a weekly gain of about 9%, after Saudi Arabia pressed allies to stick to production quotas and banks including Goldman Sachs predicted a supply deficit.
Brent crude was up 14c at $43.44 a barrel by 10am GMT while US oil futures rose 9c to $41.06, having briefly dipped into negative territory...
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