Oil prices rose 3 percent on Monday to their highest in three weeks, catching a lift from a weaker dollar, as OPEC appeared to be moving closer to agreeing an output cut when it meets next week. Hayley Platt reports.
Oil prices limped higher overnight as *desperate jawboning of OPEC production cut deal extensions by the Saudis *supported a recovery from yesterday's... Zero Hedge - MarketsAlso reported by •Energy Daily •OilPrice.com
Angola, whose economy is highly dependent on the oil industry and crude export revenues, needs a price of oil at around $85 per barrel in order to balance its... OilPrice.com - MarketsAlso reported by •Energy Daily