Oil Climbs for a Third Week Amid Output Cuts, Demand Rebound
The deepwater drilling rig Scarabeo 9 sits docked at the Port of Constanta in Constanta, Romania. (Photographer: Evgeniy Maloletka/Bloomberg)

Oil Climbs for a Third Week Amid Output Cuts, Demand Rebound

(Bloomberg) -- Oil climbed to the highest level since mid-March to post its third weekly gain as economies begin to reopen and signs continue to emerge that demand is recovering.
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