Oil Gains as Russia, Saudis Signal Commitment to Production Cuts
An employee pours a sample of oil from a bottle into a measuring vessel at a drilling site. (Photographer: Chris Ratcliffe/Bloomberg)

Oil Gains as Russia, Saudis Signal Commitment to Production Cuts

(Bloomberg) -- Oil closed higher for the second straight day as Russia and Saudi Arabia signaled they’re on track with production cuts designed to avoid a global supply glut.
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