Oil prices rise as producers commit to output restraint

Brent crude was up 51 cents, or 0.9 per cent, at $56.86 a barrel by 0134 GMT, while U.S. oil gained 53 cents, or 1 per cent, to $54.08 a barrel. Both contracts rose more than 2 per cent in the previous session.

from Markets-Economic Times https://economictimes.indiatimes.com/markets/stocks/news/oil-prices-rise-as-producers-commit-to-output-restraint/articleshow/80641737.cms