Finance

Oil settles up more than $2 despite Opec+ production cuts

New pandemic waves create uncertain demand outlook

Hopeful: Russian Energy Minister Alexander Novak said he is hopeful that global oil inventories return to their normal level in two to three months
Hopeful: Russian Energy Minister Alexander Novak said he is hopeful that global oil inventories return to their normal level in two to three monthsPhoto: REUTERS/SCANPIX
  • Reuters
Published 1 April 2021, 21:36Updated 1 April 2021, 22:00
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