Oil Leaps on Potential Global Output Cuts, Though Doubts Persist
Barrels filled with lubricant oil stand ready for storage at the Royal Dutch Shell Plc lubricants blending plant in Torzhok, Russia. (Photographer: Andrey Rudakov/Bloomberg)

Oil Leaps on Potential Global Output Cuts, Though Doubts Persist

(Bloomberg) -- Oil posted a record weekly jump on hopes that global producers will decide to make historic output cuts next week, though optimism was tempered by concern that the curbs won’t avert ...
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