Loading…
Oil posted its biggest two-day gain since June as fears of a supply glut eased. Gains followed a Saudi-Russian understanding on a possible output accord and Alberta's plan to cut 325,000 barrels per day.
Expectations of a supply deal and Alberta's cut raise the crude price floor, supporting energy-linked feed and biofuel costs.
bloomberg.comHeesu LeeDec 4, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
