Oil rose in New York after Saudi Arabia’s energy minister said OPEC probably won’t need to extend its supply cuts beyond June as the market reaches a balance. Futures rose 0.5 percent in New York after losing 3 percent last week.
Oil rose in New York after Saudi Arabia’s energy minister said OPEC probably won’t need to extend its supply cuts beyond June as the market reaches a balance. Futures rose 0.5 percent in New York after losing 3 percent last week.