Oil prices gain 2 pct, extending rally from December lows::
Oil prices rose by 2 percent on Monday, extending a rally from December’s 18-month lows with support from OPEC production cuts and steadying share markets. Oil has gained nearly 12 percent since last Monday, its biggest week-on-week rally in two years. Brent crude LCOc1 was up $1.13 at $58.19 a barrel by 0940 GMT, rising from December’s Read more about Oil prices gain 2 pct, extending rally from December lows::[…]