REUTERS – UPDATE 2-Oil rises as Saudi Arabia says producers will cooperate beyond 2018
UPDATE 2-Oil rises as Saudi Arabia says producers will cooperate beyond 2018
Contributed by NAMPA / Reuters.
* Strong global economy also supports oil market
* U.S. drillers cut rigs to 747 in week to Jan. 19, down 5
* But analysts say oil demand to slow in Q1 2018
(Adds comment on strong economy, updates prices)
By Henning Gloystein
SINGAPORE, Jan 22 (Reuters) – Oil prices climbed on Monday,
pushed higher by comments from Saudi Arabia that cooperation
between oil producers who are currently withholding supplies
would continue beyond 2018.
Strong global economi …