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Oil prices rose today, and Brent crude futures rose 65 cents, or 0.8 percent, to $87.53 a barrel.
Reuters reported that US West Texas Intermediate crude futures rose 6 cents, or 0.9 percent, to $9,181 a barrel.
The two crudes fell earlier in the day, but are now on their way to achieve their first weekly gains, which will be the largest in two months, at about 4.5 percent and 7 percent, respectively, after falling for three consecutive weeks.
It is widely expected that OPEC Plus will adhere to the policy of reducing oil production by two million barrels per day during its next meeting, but some analysts believe that crude prices may decline unless the group decides to cut further.
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