Oil Prices Edge Up On Expected Opec Output Cuts

Oil prices firmed on Friday as traders expected Opec and Russia to agree on production cuts next week, although swelling US supplies kept markets in check.

US West Texas Intermediate (WTI) crude futures were at $51.55 per barrel at 0203 GMT, up 10 cents, or 0.2 per cent from their last settlement.

International Brent crude oil futures were up 15 cents, or 0.3 per cent, at $59.66 per barrel.

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