A view shows Saudi Aramco's Abqaiq oil facility in eastern Saudi Arabia. Oil prices have climbed to their highest in five months on forecasts that a global glut is being reduced. Photo: Handout via Reuters

Oil hits 5-month peak on forecast that global glut in supplies will begin to ease

Topic |   Energy

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A view shows Saudi Aramco's Abqaiq oil facility in eastern Saudi Arabia. Oil prices have climbed to their highest in five months on forecasts that a global glut is being reduced. Photo: Handout via Reuters
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