Oil prices pared gains on Thursday after rising by more than 1% earlier in the session after OPEC+ producers agreed to output cuts approaching 2 million barrels per day (bpd) for early next year.
Brent crude futures for January gained 16 cents, or 0.2%, to $84.09 a barrel by 11:01 a.m. EDT (1601 GMT). The front-month Brent contract expires later on Thursday.
