Oil market resurgence sustained by hope
Will producers be tempted by a rise in crude oil prices to disregard quotas and voluntary production cuts?
Read MoreWill producers be tempted by a rise in crude oil prices to disregard quotas and voluntary production cuts?
Read MoreThe need to generate cash, along with political pressure, compelled the Saudis to make some bitter decisions
Read MoreUntil three months ago, the oil industry was looking at aviation and petrochemicals for continued demand growth
Read MoreProducing countries strive to reduce output while tankers carrying millions of barrels of crude oil head for ports
Read MoreHe needs to do something to boost his electoral fortunes, with the presidential election looming in November
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