Oil prices extend gains on OPEC deal

Oil prices kept rising Thursday as investors continued to cheer over a deal reached by the Organization of the Petroleum Exporting Countries (OPEC) members to limit crude output.

The West Texas Intermediate for November delivery added 0.78 U.S. dollar to settle at 45.88 dollars a barrel on the New York Mercantile Exchange, while Brent crude for November delivery increased 0.55 dollar to close at 49.24 dollars a barrel on the London ICE Futures Exchange. Enditem