Economic news

Oil prices firm near two-year peak on output cuts

Oil was stable on Monday, supported by production cuts led by the Organization of the Petroleum Exporting Countries and Russia.

Brent crude futures slipped 17 cents to $63.35 a barrel, having climbed 14 percent so far this month.

U.S. West Texas Intermediate (WTI) crude lost 6 cents to $56.68.

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