Oil Boosted by Demand Rise and Deeper Saudi Arabian Output Cuts
A man paddles a boat as a Petroleo Brasileiro SA (Petrobras) oil rig stands under construction beyond gantry cranes at the Verolme shipyard near Angra dos Reis, Brazil. (Photographer: Dado Galdieri/Bloomberg)

Oil Boosted by Demand Rise and Deeper Saudi Arabian Output Cuts

Bookmark
(Bloomberg) -- Oil edged higher as signs of a recovery in demand continued to surface following the easing of virus-led lockdowns in some regions, while Saudi Arabia pledged to cut production furth...