You are here

COMMODITIES

Oil prices jump 2% ahead of producers' meet

Monday, January 23, 2017 - 05:50

nozzld.jpg
Oil prices rose more than 2 per cent on Friday on expectations that the weekend's meeting of the world's top oil producers would demonstrate compliance to a global output cut deal, but rising US drilling activity limited gains.

New York

OIL prices rose more than 2 per cent on Friday on expectations that the weekend's meeting of the world's top oil producers would demonstrate compliance to a global output cut deal, but rising US drilling activity limited gains.

Members of the Organisation of the Petroleum

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom