![Oil on track for biggest monthly gains in over a year](https://cdn.newsserve.net/ONPglobe256.png)
Oil on track for biggest monthly gains in over a year
Oil prices were set to post their biggest monthly gains in more than a year on Monday, on expectations that Saudi Arabia will extend voluntary output cuts into September and tighten global supply. Brent crude futures crept 34 cents higher to $85.33 a barrel by 0957 GMT, while U.S. West Texas…
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