BLOOMBERG.COM

Futures advanced as much as 3.1 percent in New York after rising 5.8 percent Wednesday, the most since Feb. 22. U.S. production slid to the lowest level since November 2014 and crude inventories expanded by 1.3 million barrels, the smallest reported gain in five weeks, according to government data. Producers from OPEC and outside the group are finalizing a plan to discuss freezing output at a meeting in Doha on April 17, according to Qatar’s Energy Minister.

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