Oil gains as OPEC defies Trump and sticks to supply cuts

27 February 2019, London — Oil rallied for a second day on Wednesday, buoyed by an unexpected decline in U.S. crude inventories and after Saudi Arabia appeared undaunted by pressure from U.S. President Donald Trump on OPEC to prevent steeper price rises. Saudi Energy Minister Khalid al-Falih said OPEC and its partners were “taking it … More »