Oil Closes Near 4-Month High After Second Straight Weekly Gain
A worker walks past oil pumping jacks, also known as “nodding donkeys,” operated by Tatneft PJSC, on an oilfield near Almetyevsk, Tatarstan, Russia. (Photographer: Andrey Rudakov/Bloomberg)

Oil Closes Near 4-Month High After Second Straight Weekly Gain

(Bloomberg) -- Oil gained for a second straight week as OPEC assured traders it’s committed to culling supplies ahead of a key meeting with allies in Azerbaijan this weekend.
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