Oil up on expectations of extended, possibly deeper, output cut

22 May 2017, London — Oil prices rose on Monday, bolstered by the confidence that top exporters will this week agree to extend supply curbs, with suggestions the cuts could even be deepened. Brent crude gained 48 cents o $54.09 a barrel by 1043 GMT (6:43 a.m. ET), with U.S. light crude up 47 cents […] More »