An oil pumping jack, also known as"nodding donkey", operates in an oilfield near Almetyevsk, Russia, on Sunday, Aug. 16, 2020. Picture: Andrey Rudakov/BloombergOil prices steadied on Tuesday, hanging on to gains from the previous session thanks to high compliance with production cuts from members of the Opec+ producer group.
A technical panel found that compliance with Opec+ oil output cuts in July was between 95% and 97%, according to a draft report seen by Reuters.
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