OPERATIONS

Thin hope drives oil price

BRENT crude ended last week at $US41 per barrel, up on sentiment that major oil producing nations are close to finalising a deal to freeze production, albeit at record levels, and the weaker US dollar.

Haydn Black

The latest data from RBC Capital Markets shows that crude markets were supported by the US Federal Reserve decision to hold rates steady with a shallower path to higher rates, a boon to US economic growth....

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