Oil Rises Above $30 for First Time in Two Months on Output Cuts
Tanker ‘Navigator Genesis’ sits moored near to the Esso Fawley Oil Refinery, operated by Exxon Mobil Corp., in Fawley, U.K. (Photographer: Luke MacGregor/Bloomberg)

Oil Rises Above $30 for First Time in Two Months on Output Cuts

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(Bloomberg) -- Oil rose above $30 a barrel for the first time in two months as producers in the U.S. and elsewhere continued to cut activity, helping to rebalance a market that was thrown into disa...