5 [9 z8 N7 t& L* E! v( {+ WU.S. West Texas Intermediate (WTI) crude futures rose $3.50, or 7.7 percent, to $48.73 a barrel, a one-week high. 3 g' g. Z) o7 e4 J7 f3 ^- Y' x( K7 i5 F4 M
OPEC said it had agreed on a proposal to reduce production by 1.2 million barrels per day, or about 4.5 percent, to 32.5 million barrels per day