New York — Oil prices rose to multi-week highs on Monday as OPEC indicated it was likely to maintain production cuts that have helped boost prices this year, while escalating Middle East tensions provided further support. Brent crude futures rose 45 cents to $72.66 a barrel by 11:00 a.m. EDT (1500 GMT), having earlier touched […] More »
Oil touches multi-week highs as OPEC signals may extend cuts
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