Oil edges up for third session on Mideast tensions

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Oil edges up for third session on Mideast tensions
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Oil prices pushed higher on Thursday for a third day in a row, as fears of suppl...

The Organization of the Petroleum Exporting Countries said on Tuesday that world demand for its oil would be higher than expected this year.

The so-called OPEC+ group of producers, which includes Russia, meets next month to review whether to maintain the pact beyond June. But Iran’s foreign minister, Mohammad Javad Zarif, said in Tokyo on Thursday the country was committed to its obligations under the deal and was exercising “maximum restraint.”

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