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Oil prices rise on bigger supply cuts; payrolls in focus! Oil prices rose on Friday and were set for a sixth straight positive week as major producers Saudi Arabia and Russia extended recent supply cuts, although gains were limited ahead of key U.S. payrolls data.

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Optimism over more stimulus measures in China also appeared to have run dry, with local stocks seeing a degree of profit taking after stellar gains in the prior session.

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Oil prices rose slightly in Asian trade on Tuesday, sticking to three-month highs as signs of tighter supply and expectations of more Chinese stimulus helped offset uncertainty over an upcoming Federal Reserve meeting.

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Penny Reposted

The truck show on International Drive will feature auto influencers from around the country. wftv.com/news/local/i-d…


AAAFx Lays the Groundwork for Growth in Asia

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Markets start to discount Fed rate cuts this year

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