Oil up 2% on Saudi commitment to output cuts

New Saudi energy minister said global deal cutting oil production by 1.2 million barrels per day would survive

Oil price: Brent crude futures gained $1.05, or 1.7%, to settle at $62.59 a barrel — Oil price: Brent crude futures gained $1.05, or 1.7%, to settle at $62.59 a barrelPhoto: REUTERS/SCANPIX

Reuters

Published 9 September 2019, 23:08Updated 9 September 2019, 23:08

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