Brent oil has closed at its highest level since July 2015 and US crude has closed at a peak not seen since February on expectations OPEC-led production cuts would be extended beyond March, although such gains are likely to spur more US production.
31/10/2017 - 06:28
Brent above $US60 on expected OPEC cut
31/10/2017 - 06:28
![](https://images.businessnews.com.au/images/bn2020/bubble-arrow-border.png)