U.S. oil extends climb to 2-month high above $30, as output cuts and hope for demand pickup boosts values
May 17, 2020 at 22:29 PM EDT
U.S. crude-oil prices in electronic trade on Sunday look to add to a climb toward a two-month high for the commodity, supported in large part by efforts to rebalance a supply-demand dynamic that has been blown out of whack due to the debilitating effects of the COVID-19 pandemic.