Crude oil prices settled higher as traders continued to cheer the decision from major oil producers to extend cuts in oil output by nine months through 2018.
OPEC and some non-OPEC producers, said they would continue to cut supply by 1.8 million barrels per day until the end of 2018.
In the U.S., investors mulled over a report from Baker Hughes showing the number of oil rigs operating in the US rose by 2 to 749.
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