Oil bounced back after news reports said Venezuela’s oil minister announced plans for his country to meet with representatives from Russia, Saudi Arabia and Qatar.Brent crude LCOJ6, -1.11% the global oil benchmark, rose 88 cents, or 2.6%, to end at $35.29 a barrel after trading as low as $33.29 on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures CLJ6, -0.64% rose 92 cents, or 2.9%, to finish at $33.07 a barrel. Brent’s settlement was the highest since Jan. 5, while the WTI close was the highest since Jan.29.
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