Oil futures settled higher on Monday, with prices up a second session in a row as some traders bet that the Organization of the Petroleum Exporting Countries and its allies will agree to extend their production cuts at coming meeting, after crude prices fell last week to four-month lows.
Price action
Market drivers
“There is little doubt at this point that OPEC will extend their production cuts, but there is also growing speculation that they will make another substantial production cut to send the world a…
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