Oil prices rise as Opec meets Brent crude is up 0.59% to $63.37 a barrel and West Texas Intermediate is ahead 0.17% at $58.53. Reuters reports that Opec wants to increase cuts by 400,000 barrels per day (bpd) from the current level of 1.2 million bpd. Consultancy firm JBC Energy was more circumspect.


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