Oil prices settled 5 per cent higher on Friday in their second consecutive week of gains as US producers cut production with the number of drilling rigs falling to a record low, and as more states moved ahead with plans to relax lockdowns intended to halt the coronavirus pandemic.
[NEW YORK] Oil prices settled 5 per cent higher on Friday in their second consecutive week of gains as US producers cut production with the number of drilling rigs falling to a record low, and as more states moved ahead with plans to relax lockdowns intended to halt the coronavirus pandemic....
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