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2 Min Read NEW YORK (Reuters) -Oil prices rose roughly 2% on Thursday on indications that OPEC+ producers could increase output more slowly than expected in coming months, while rising global fuel demand causes supply to tighten. FILE PHOTO: A petrol station attendant prepares to refuel a car in Rome, Italy, January 4, 2012. REUTERS/Max Rossi/File Photo Brent crude settled at $75.84 a barrel, up $1.22, or 1.6%. U.S. West Texas Intermediate crude settled at $75.23 a barrel, gaining $1.76, or 2.4%. During the session, both benchmarks climbed by more than $2 a barrel, reaching their highest since October 2018. Futures pared gains after the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, delayed its ministerial meeting until Friday to hold more talks on oil output policy, sources said, after the United Arab Emirates blocked a plan for an immediate reduction in supply cuts.

Saudi arabiaUnited statesStephen coatesFlorence tanHimani sarkarThomson reuters trust principlesEnergy information administrationOrganization of the petroleum exporting countriesTexas intermediatePetroleum exporting countriesJune reutersThomson reuters trustசவுதி அரேபியாஒன்றுபட்டது மாநிலங்களில்ஸ்டீபன் பூச்சுகள்புளோரன்ஸ் பழுப்பு