Tag: Producers’ Compliance Meeting
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Oil prices rebound ahead of producers’ compliance meeting
Oil prices edged up for a second day on Friday on expectations that a weekend meeting of the world’s top oil producers would demonstrate compliance to a global output cut deal. International benchmark Brent crude prices were up $1.30, or 2.4 per cent, at $55.46 a barrel at 1419 GMT. U.S. West Texas Intermediate…