Oil prices climb on prospects for deeper Opec+ output cuts

Opec recently lowered 2020 demand forecast by 200,000 barrels per day

Oil price: Brent crude ended the session up 55 cents, or 1%, at $56.34 a barrel — Oil price: Brent crude ended the session up 55 cents, or 1%, at $56.34 a barrelPhoto: REUTERS/SCANPIX

Reuters

US Production Americas North America

Published 13 February 2020, 22:48Updated 13 February 2020, 22:48