: Oil prices post fresh year-to-date settlement high


Oil futures climbed on Wednesday, lifting U.S. prices up a ninth straight session to settle at a fresh high for the year. Prices got a boost from upbeat U.S. economic data and recent decisions by Saudi Arabia and Russia to extend their voluntary production cuts to the end of the year. October West Texas Intermediate crude CLV23 climbed 85 cents, or 1%, to settle at $87.54 a barrel on the New York Mercantile Exchange. Prices based on front-month contract ended at their highest since Nov. 11, FactSet data show.

This article was originally published by Marketwatch.com. Read the original article here.

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