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Wall Street set to open slightly higher as oil prices jump

Reuters 

By Tanya AgrawalREUTERS - U.S. stocks looked set to open slightly higher on Monday as a rise in oil prices soothed some nerves following a massive cyber attack that locked up 200,000 computers in more than 150 countries.Oil hit a three-week high after top exporter Saudi Arabia and Russia said supply cuts needed to last into 2018, a step towards extending an OPEC-led deal to support prices for longer than originally agreed.Shares of oil majors Exxon and Chevron were up 1 percent in premarket trading."On one hand, this is good news because we are looking at a situation where we would not have ...

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First Published: Mon, May 15 2017. 18:35 IST
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