Oil rises as traders await OPEC+ meeting on extending supply cuts

CNBC | Oil prices rose on Friday after OPEC decided to move up discussions on whether to extend record production cuts to Saturday, indicating that some laggard countries may have agreed to align themselves with the deal.

Brent crude futures were up $1.26, or 3.15%, to trade at $41.25 per barrel, while West Texas Intermediate traded 89 cents, or 2.4%, higher at $38.30 per barrel.

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