1 H) Q$ q9 Z# ^
U.S. West Texas Intermediate (WTI) crude futures rose $3.50, or 7.7 percent, to $48.73 a barrel, a one-week high.. [4 [" o5 p" |" U& }5 W* v
. [( I( g c4 I" y& d* V! POPEC 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