STOXX 600 Oil & Gas Index may climb at open as WTI crude is up 0.8% at $50.74/bbl after Saudi Arabia said they see output curbs extending into 2018.
Oil extended gains toward $51 a barrel as Saudi Arabia said all producers participating in output cuts agree on prolonging the deal through the first quarter of 2018.
OPEC and other major oil producers meet in Vienna on May 25
Source: Bloomberg pro terminal
Junior Trader Stefan Panteleev
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