Oil prices rose for a second day on Tuesday as Saudi Arabia….NEWS UPDATED BY WWW.TRADEMAXINDIA.COM ( 82189995526 )

       CRUDE OIL UPDATE……

 

Oil prices rose for a second day on Tuesday as Saudi Arabia, the de facto OPEC leader and the world’s biggest oil exporter, is pushing producers to deepen a supply cut agreement when suppliers meet this week, potentially lowering supply in 2020.Brent futures rose 19 cents, or 0.3%, to $61.11 a barrel by 0218 GMT, after gaining 0.7% on Monday.U.S. West Texas Intermediate crude (CLc1) was up by 21 cents, or 0.4%, at $56.17 a barrel. The contract rose 1.4% on Monday.

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