Oil Snaps Record Losing Streak as Stronger OPEC Cuts Seen Likely
Extraction and processing of oil at a traditional oil field in Indonesia (Photographer: Dimas Ardian/Bloomberg)

Oil Snaps Record Losing Streak as Stronger OPEC Cuts Seen Likely

(Bloomberg) -- Oil rose, ending its 12-day run of declines amid signals that OPEC and allied producers are considering production cuts as soon as next year.
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