17.07.2017
Brent crude futures LCOc1 rose 22 cents, or 0.5 percent, to settle at $47.74 a barrel, while U.S. West Texas Intermediate (WTI) crude CLc1 gained 45 cents, or 1 percent, to settle at $45.49. Thirteen OPEC members agreed in November to cut back collective supply by 1.2 million barrels a day to alleviate bloated inventories and lift stubbornly low prices.