Oil futures rose for a second day on Thursday, boosted by potential OPEC+ action to counter oil demand loss from the coronavirus outbreak and by optimism that trade tensions between China and the United States were easing. FA technical committee advising the Organization of the Petroleum Exporting Countries and its allies led by Russia, known as OPEC+, has agreed to recommend a provisional additional cut in oil output of 600,000 barrels per day (bpd) as it awaits the final position of Russia on the proposal, two sources told Reuters. If adopted at a future meeting of OPEC+, the total size of the output curb from the group would rise to 2.3 million bpd. Brent futures […]