Oil Rises to Two-Week High With Equities Amid Output Freeze Talk

By
Mark Shenk
  • Iran, Iraq should be allowed to recover market share: Nigeria
  • IEA sees global glut staying in 2017, capping price recovery

Oil Freeze: Locking In High Supplies, Low Prices

Oil rose to the highest in more than two weeks in New York as global equities rallied amid speculation that a production freeze by some OPEC members and Russia could eventually help to abate the market surplus.

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