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U.S. West Texas Intermediate (WTI) crude futures rose $3.50, or 7.7 percent, to $48.73 a barrel, a one-week high. 2 D' h1 b$ D; o. ]3 _5 y, J+ P1 m) U5 P6 M5 N" K6 J& K3 {
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