UK: Oil rises as traders await OPEC+ meeting on extending supply cuts
LONDON (Reuters) - Oil prices rose on Friday after OPEC decided to move up discussions on whether to extend record production cuts to Saturday, indicating that some laggard countries may have agreed to align themselves with the deal.
Brent crude futures were up 95 cents, or 2.4%, at $40.94 a barrel as of 0920 GMT, after rising over $1 to $41.18.
U.S. West Texas Intermediate (WTI) crude futures rose 64 cents, or 1.7%, to $38.05 a barrel.