Oil rises 5% in second weekly gain on output cuts, demand hopes

Oil prices settled 5% higher on Friday in their second consecutive week of gains as U.S. producers cut production with the number of drilling rigs falling to a record low, and as more states moved ahead with plans to relax lockdowns intended…

Capt. John
Author: Capt. John

https://www.marinelink.com/news/oil-rises-second-weekly-gain-output-cuts-478341

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