Good news in the oil sector....Oil surged to the highest in more than a year after the OPEC+ alliance surprised traders with its decision to keep production unchanged, signaling the potential of an even tighter market next month. Futures climbed more than 5 per cent in New York on Thursday to the highest intraday level since January 2020, while global benchmark Brent also jumped. The OPEC+ alliance agreed to keep oil output unchanged in April and Saudi Arabia will also maintain its 1 million barrel-a-day voluntary production cut next month, according to delegates.