Told you it was #fakenews
US crude surges 2.2%, settling at $68.21, on signs OPEC's output caps may survive
https://www.cnbc.com/2018/05/29/oil-markets-worries-over-growing-supplies-in-focus.html
- Brent crude oil climbed above $77 a barrel on Wednesday, supported by expectations major oil producers will keep output caps in place.
- Saudi Arabia, other OPEC states and non-OPEC allies aim to stick to a global pact on cutting oil supplies until the end of 2018, a Gulf sources told Reuters.
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