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com – Oil was up Wednesday morning in Asia, with an unexpected pledge from Saudi Arabia to cut crude output further by one million barrels a day in February continuing to give the black liquid a boost.663 million barrels.5 million barrels in forecasts prepare by Investing.Oil Holds Gains After Topping $50 on Saudi Pledge to Cut Output p (Bloomberg) -- Oil held gains in early Asian trading after surging to a 10-month high on a surprise Saudi Arabian pledge to cut an extra 1 million barrels a day of crude output in.
Brent oil futures were up 0.Brent oil rises to highest since February after Saudi Arabia output cut p TOKYO (Reuters) - Brent oil prices rose on Wednesday to the highest since February after Saudi Arabia agreed to make bigger cuts in output than expected during a meeting with.