Oil prices hit 11-month highs and were on track for a weekly gain on Friday, supported by Saudi Arabia’s pledge to cut output and a global stocks rally as investors looked beyond rising coronavirus cases. Brent crude climbed 83 cents, or 1.5%, to $55.21 a barrel by 1202 GMT, the highest since late...
https://www.hellenicshippingnews.com/oil-set-for-weekly-gain-on-saudi-output-cut-pledge/