Futures Movers: U.S. oil extends climb to 2-month high above $30, as output cuts and hope for demand pickup boosts values

U.S. crude-oil prices in electronic trade on Sunday look to add to a climb toward a two-month high for the commodity, supported in large part by efforts to rebalance a supply-demand dynamic that has been blown out of whack due to the debilitating effects of the COVID-19 pandemic.

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