Oil prices edged higher on Tuesday after Russia’s energy minister, Alexander Novak, said cooperation with OPEC on supporting the market would continue and as analysts forecast a second weekly decline in U.S. crude inventories. U.S. West Texas Intermediate was 4 cents higher at $60.56 a barrel. OPEC, Russia and other producers which have linked up to curtail production and support prices will continue their cooperation as long as it is “effective and brings results,” Novak said in an interview on Monday. …read more
Source:: Yahoo Finance
