Oil extends longest gain of 2017 as Saudis seen extending curbs

Oil has seen its longest gain since December out of confidence that Saudi Arabia will support OPEC output cuts.
Photo: /ritzau/Nabil al-Jurani/Arkiv
Photo: /ritzau/Nabil al-Jurani/Arkiv
BY BEN SHARPLES & GRANT SMITH, BLOOMBERG

Oil advanced for a seventh day in New York, the longest gain since December, on confidence Saudi Arabia will support an extension to OPEC-led output cuts just as US stockpiles show signs of shrinking.

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