Oil higher for the third straight day
WTI crude oil is 29-cents higher at $73.90 in the third day of gains today. It's at a two week high and has nicely rebounded from the rout at the start of last week.
Goldman Sachs is bullish on oil following the reports of a Saudi/UAE deal
Oil prices have dropped away since the reports that Saudi Arabia and the United Arab Emirates have reached a compromise over OPEC+ policy.
The deal should unlock an increased supply of crude into a tight oil market.