• Oil prices rebounded Tuesday, extending a recent bout of volatility amid uncertainty about whether an OPEC-led production cut will be enough to mop up a burgeoning crude supply glut and rebalance the market. The rise came after another oil supply outage in Libya. • Brent crude, the global oil benchmark, was up 1.5% at $60.88 a barrel on London’s Intercontinental Exchange.

Source: Wall Street Journal December 11, 2018 11:42 UTC