Oil prices rise on U.S. weather disruption, OPEC action speculation

30 August 2016, London/Singapore — Oil futures rose on Tuesday supported by production suspensions in the U.S. Gulf due to an expected tropical storm and speculation that producers meeting in Algeria next month will act to prop up prices. Brent crude futures LCOc1 were trading at $49.73 per barrel at 0924 GMT, up 47 cents […] More »