Oil rises to $58

Oil rises to $58

Oil prices rose on Friday as investors bet that efforts to cut a global glut are working and that the demand outlook is improving. U.S. crude was down 8 cents at 51.48 dollars a barrel after earlier rising slightly. Still, the contract is heading for a fourth consecutively weekly gain. Global benchmark Brent crude was …
Source: Oil rises to $58

- PM News Nigeria
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