OPEC’s Oil Surprise Came as Skeptics Doubted Price Rise
Saudi Arabia has floated several oil output hike plans to fellow OPEC members. (Photographer: Andrey Rudakov/Bloomberg)

OPEC’s Oil Surprise Came as Skeptics Doubted Price Rise

(Bloomberg) -- Oil doubters got a surprise from Saudi Arabia on Friday: a pledge of deeper production cuts that sent futures surging for their best week since June.
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