Oil gained on Tuesday as producer club OPEC agreed to extend supply cuts until next March, although prices were pressured by worries demand could ease amid hints of a slowdown in the global economy.
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British prompt gas prices rose on Monday as an unexpected outage at Norway’s Nyhamna gas processing plant added to other field maintenance in the Nordic country, cutting piped flows further and reducing supply availability. ›
Oil prices rose more than $1 a barrel on Monday, with OPEC and its allies on track to extend supply cuts until at least the end of 2019 at their meeting in Vienna this week. ›
