Oil rises on supply cuts, Mideast tensions

EIA raised its outlook for US crude oil production, projecting an all-time high of 12.36 million bpd in 2019

Oil price: Brent settled up 5 cents to $64.16
Oil price: Brent settled up 5 cents to $64.16Photo: REUTERS/SCANPIX
Published 9 July 2019, 21:05Updated 9 July 2019, 21:05
Production