Oil Climbs With Demand Uptick and Saudi Cuts Hinting at Recovery
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 Climbs With Demand Uptick and Saudi Cuts Hinting at Recovery

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(Bloomberg) -- Oil advanced as the combination of an uptick in demand and Saudi Arabia’s pledged production cuts spurred optimism over a market recovery.
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