Oil rises on Middle East tensions & key crude producers’ reluctance to raise output

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Oil rises on Middle East tensions & key crude producers’ reluctance to raise output

Posted by The Analyst | May 20, 2019 | Business
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Crude prices rallied on Monday, hitting multi-week highs amid geopolitical tensions, as Saudi Arabia and fellow oil suppliers signaled that they might keep output cuts after the OPEC+ deal expires.
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