Saudi Arabia says will extend voluntary oil cuts until the end of December 2024

<p>The previous surprise announcement was that they were going to extend the voluntary cuts to August. But the latest one here trumps that by some margin as they will be extending it to the end of next year instead. Oil has jumped on the news with WTI crude having been down 1.5% to $74.10 but is now trading positive near $76.00:</p>

This article was written by Justin Low at www.forexlive.com.