Oil prices jump on supply cuts: LONDON, Sept 5 (Reuters) - Oil prices jumped roughly 2% on Tuesday after Saudi Arabia and Russia announced a fresh extension to their voluntary supply cuts, stretching a combined 1.3 million barrel per day (bpd) reduction for another three months through December.
By 1323 GMT Brent crude futures for November were up $1.62, or about 1.8%, to $90.62 a barrel, while U.S. West Texas Intermediate crude (WTI) October futures rose $1.92, or about 2.2%, to $87.47 a barrel.