Oil rises as investors latch on to OPEC cuts, supply outlook

21 January 2019, News Wires — Oil rose on Monday, reversing earlier losses, as investors latched on to positive supply-side drivers for the market, although concern about the wider economy simmered in the background after data pointed to a slowdown in China. Brent crude oil futures were up 12 cents at $62.82 a barrel by 1520 … More »