Oil rises to $48 ahead of OPEC meeting

Global oil benchmark, Brent crude, rose on Monday to its highest level in a month on rising speculation that major producers may work out ways to support prices in an oversupplied market. Brent, against which half of the world’s oil is priced, rose by 2.6 per cent to $48.20 per barrel as of 6:05pm Nigerian […]

Oil rises to $48 ahead of OPEC meeting

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