Oil rises 2 percent, boosted by potential OPEC deal:
"Oil prices rose about 2 percent on Thursday as signs Saudi Arabia and Russia would limit production through next year pushed the U.S. benchmark back above $50 a barrel.
The news outweighed Wednesday’s U.S. data showing record U.S. exports and the return of production at a major Libyan oilfield.
Brent futures LCOc1 settled at $57 a barrel, up 2.2 percent, or $1.20, while U.S. crude CLc1 rose 81 cents, or 1.6 percent, to end at $50.79."
'via Blog this'
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