Crude Prices Lifted by Supply Disruptions, Talks of OPEC Deal Extension
29 Mar 2017, 08:38 UTC+00
Libyan supply productions and bets that OPEC's deal to reduce global output will extend into the second half of 2017 lifted oil prices on Wednesday, causing crude futures to extend gains from the preceding session.
Brent crude futures were up 14 cents from their last settlement, trading at $51.47 per barrel. Meanwhile, the U.S. WTI crude futures also rose 20 cents at...