Oil recovers some previous losses on planned output cut


But concerns linger that some will not comply with Opec’s plan

SINGAPORE: Oil edged up on hopes that some planned output cuts agreed by the Organisation of the Petroleum Exporting Countries (Opec) and other producers would be implemented, recovering some ground from losses the previous day over doubts the reductions would rebalance an oversupplied market.

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Business , Oil , Dec , supply

   

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