US crude settles at $50.73, up 40 cents, after Saudi Arabia and Iraq agree on output cuts

US crude settles at $50.73, up 40 cents, after Saudi Arabia and Iraq agree on output cuts This is a developing news story. Please check back for updates: http://www.cnbc.com/2017/05/21/oil-rises-on-expectation-of-extended-possibly-deepened-output-cut.html Follow @CNBCnow for breaking news and real-time market updates Send this email to a friend Unsubscribe  Advertise  More Newsletters  Digital Products © 2015 CNBC Inc. All Rights Reserved. 900 Sylvan Avenue Englewood Cliffs, NJ 07632

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