--U.S. oil prices surged toward new four-month highs Friday and were en route to their biggest quarterly gain since 2009 as global supplies tighten and risk appetite grows amid rising stock markets and a weaker dollar. --West Texas Intermediate futures, the U.S. oil benchmark, climbed 2% to $60.47 a barrel on the New York Mercantile Exchange. Prices are 32% higher for the quarter and on track for their largest quarterly gain since the second quarter of 2009, although the fourth quarter of last year saw oil’s biggest quarterly...

Source: Wall Street Journal March 29, 2019 13:52 UTC