Oil prices edged higher on Tuesday after Russia's energy minister, Alexande...
FILE PHOTO: An oil pump is seen just after sunset outside Saint-Fiacre, near Paris, France September 17, 2019. REUTERS/Christian Hartmann
Brent crude LCOc1 was up 7 cents at $66.46 a barrel by 0105 GMT. U.S. West Texas Intermediate CLc1 was 4 cents higher at $60.56 a barrel. Cooperation with the Organization of the Petroleum Export Countries would continue “until the market requires it,” Novak added. U.S. producers have only been too happy to fill in any gaps in the market, pumping ever greater amounts of crude and reaching a record high of around 13 million bpd in November.
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