Crude Oil Surges as Talk Grows Over Upcoming Opec Meeting

摘要

Crude oil futures swung vigorously higher on Thursday, with traders noting a buildup of anticipation over the Mar. 15 Opec meeting with, apparently, most traders betting on a cut.The Nymex light, sweet crude contract for April delivery finished up $4.70, or 11%, to $47.03 per barrel. Most of the gain occurred later in the session. April Brent gained $3.69, about 9%, to a close of $45.09.