Oil investors saw some positive news heading into the weekend.
West Texas crude jumped 10.5% by $2.75 to $29.14-per barrel during the hour noon in New York.
OPEC has stated that it is willing to work with other producers but won’t make cuts unless there is complete cooperation.
(Written by: N. Reitmayer; Original information source: Calgary Herald http://calgaryherald.com/business/energy/oil-price-jumps-more-than-10-per-cent-in-morning-trading)
