Oil edges up about 1 percent on optimism over non-OPEC output cuts

10 December 2016, New York — Oil prices rose about 1 percent on Friday on hopes that non-OPEC producers meeting in Vienna over the weekend would agree to output restrictions following limits OPEC announced last week to curb an oil glut. Both Brent and U.S crude futures, however, notched their first weekly loss in four […] More »