Shares of energy producers rose amid hopes that global demand was picking up.
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Both international monitor the International Energy Agency and cartel the Organization of the Petroleum Exporting Countries have recently boosted their projections for oil consumption world-wide.
During years of concern about the oversupply of oil, traders have paid less attention to the demand side of the equation, according to some analysts.
Rob Curran, firstname.lastname@example.org
(END) Dow Jones Newswires
September 18, 2017 16:27 ET (20:27 GMT)