Oil rises on hopes Opec+ will continue to hold back production

Rebound in world's second and third largest economies, China and Japan, also provides support for prices

Positive news: oil prices edged higher in early trade on Monday — Positive news: oil prices edged higher in early trade on MondayPhoto: AFP/SCANPIX

Reuters

Opec+Libya China Japan OCBC

Published 16 November 2020, 05:02Updated 16 November 2020, 05:02