Oil Rises on Hopes Russia Will Agree to OPEC+ Production Cut
Pump Jacks extract crude oil from oil wells in Midland, Texas, U.S. (Photographer: Angus Mordant/Bloomberg)

Oil Rises on Hopes Russia Will Agree to OPEC+ Production Cut

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(Bloomberg) -- Oil advanced for a second day on hopes that OPEC and its allies would further curb oil production as the deadly coronavirus outbreak hits global energy demand.