Oil hovers near four-week high on Saudi pledge to end glut
OPEC and 10 other producers have cut oil output by about 1.8m barrels per day since January
OPEC and 10 other producers have cut oil output by about 1.8m barrels per day since January
Record flooding in Texas, cripples 4.4m daily barrels of refining capacity
Any additional oil from Iran would add to glut that has pushed prices into deep slump
Sluggish Chinese economic data for June keeps lid on price gains
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