• Oil prices extended gains Wednesday, in step with global markets, which were bolstered by signs that the U.S. will extend the deadline for a trade deal with China. A report from the International Energy Agency showing global supply fell sharply in January was also supportive. • West Texas Intermediate futures, the U.S. oil standard, were up 0.7%, at $53.46 a barrel, on the New York Mercantile Exchange.

Source: Wall Street Journal February 13, 2019 11:03 UTC