LIVE COMMODITY CRUDE OIL NEWS UPDATE @@??????????? BY TRDELINE India's No.1mcx Tips Provider Missed Call @:/8057046270/89234
UPDATE 2-Oil prices firm on OPEC-led supply cuts, sanctions against Venezuela * U.S. oil output & drilling levels(Adds graphic, comment, updates prices) SINGAPORE, Feb 4 (Reuters) - Oil prices prices were stable on Monday, largely maintaining gains from the previous session as OPEC-led supply cuts and U.S. sanctions against Venezuela provided the market with support. International Brent crude oil futures were at $62.76 per barrel at 0507 GMT on Monday, 1 cent above their last close. Brent rose by more than 3 percent in the previous session to their highest close since Nov. 21.U.S. West Texas Intermediate (WTI) futures were at $55.20 per barrel, down 6 cents from their last settlement. WTI settled 2.73 percent higher in the last session at its highest close since Nov. 19. Output declines from the Organization of the Petroleum Exporting Countries (OPEC) as they make good on their pact to curb a supply overhang were compounded by falling U.S. oil rig counts and sanctions on Vene