High oil amid expectations OPEC agreement to cut production

11/21/2016
Oil prices rose on Monday, with the approach of OPEC to reach an agreement on production curb the surplus of oil supply and prices are low , which has kept more than two years.
It rose engagements futures price for Brent 49 cents or 1.05 percent to $ 47.35 a barrel, the level of the previous close.
The price of WTI US mediator 0.98 percent or 44 cents to $ 46.14 a barrel.
Traders said the market received support from OPEC plans to cut production in a bid to boost the market after the fall in prices over two years as a result of production exceeded demand.


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