Oil Rallies as Hopes Grow for Output Cut

Oil rallied to four-month highs on Thursday, underpinned by a surprisingly large drop in U.S. inventory levels the previous day and by growing expectations for the world’s largest producers to agree to cut supply. Brent crude futures were last up 55 cents on the day at $52.41 a barrel by 1408 GMT…, Oil Rallies as Hopes Grow for Output Cut,

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