Oil prices rise on expectation of output cut extension
Brent crude futures were at $49.82 per barrel at 0323 GMT on Monday, up 72 cents, or 1.47 percent, from their last close.
May 08, 2017, 10:38 AM ISTArab OPEC sources see oil back above $70 by end-2015
Arab OPEC producers expect global oil prices to rebound to between $70 and $80 a barrel by the end of next year as a global economic recovery revives demand, OPEC delegates said this week in the first indication of where the group expects oil markets to stabilise in the medium term.
Dec 23, 2014, 13:49 PM IST