Oil rises nearly 3% on possible Opec deal extension

Saudi Energy Minister said OPEC should extend oil production cuts set to end at end of the month

Oil price: Brent crude futures gained $1.62, or 2.6%, to settle at $63.29 a barrel — Oil price: Brent crude futures gained $1.62, or 2.6%, to settle at $63.29 a barrelPhoto: REUTERS/SCANPIX

Reuters

Published 7 June 2019, 21:30Updated 7 June 2019, 21:30

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