Cutting short the 10-day selling trend, crude oil prices rose by around 1% to touch $71 per barrel mark after the world's largest oil exporter Saudi Arabia announced plans to cut production by 500,000 barrels per day from December and called for a global output cut of one million barrels per day to support oil price.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2DAnR5F
