• Oil prices rose Tuesday and were on track to close at a four-month high, bolstered by tightening Venezuelan supplies and signs that the Organization of the Petroleum Exporting Countries would continue cutting output into the second half of the year. • West Texas Intermediate futures, the U.S. oil benchmark, rose 1% to $57.38 a barrel on the New York Mercantile Exchange and were on track for a third climb in the last four sessions and their highest close since Nov. 12. Prices have risen about 26% for the year, though they...

Source: Wall Street Journal March 12, 2019 11:06 UTC