Oil rises on on Saudi Aramco's upbeat demand view

Iraq's pledge to deepen production cuts also provides support to prices in early trade

Upbeat: Saudi Aramco chief executive Amin Nasser's prediction of oil demand rebounding helped boost prices in early trade on Monday — Upbeat: Saudi Aramco chief executive Amin Nasser's prediction of oil demand rebounding helped boost prices in early trade on MondayPhoto: REUTERS/SCANPIX

Reuters

Published 10 August 2020, 04:17Updated 10 August 2020, 04:17

production USA Michael McCarthy CMC Markets Amin Nasser