A bit more from Bloomberg:
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China Oilfield Services Ltd. jumped as much as 13 percent as PetroChina Co., Asia’s biggest oil and gas producer, rose by the most in four months while Australia’s Santos Ltd. climbed as much as 9.7 percent.
BHP Billiton Ltd. gained 4.8 percent in Sydney and Rio Tinto Group was up 3.7 percent.
While Goldman Sachs Group Inc. is skeptical on the OPEC deal implementation, the bank said it could add as much as $10 a barrel to oil prices.
Brent crude was 4 cents lower at $48.65 a barrel on the London-based ICE Futures Europe exchange. The contract increased $2.72, or 5.9 percent, to $48.69 a barrel on Wednesday, the biggest gain in more than five months.
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