@Joykong:Oil Jumps More Than 3% Ahead of OPEC+ Meeting on Supply Cuts Reuters 2022-10-05 08:45 Brent Last Day Financial - main 2212 -0.23% Light Crude Oil - main 2211 -0.20% NEW YORK - Oil rose by nearly US$3 a barrel on Tuesday on expectations of a large cut in crude output from the Opec+ producer group and as a weaker US dollar made oil purchases less expensive. The Organization of the Petroleum Exporting Countries and its allies, known as Opec+, look set to cut output when they meet on Wednesday. The move would squeeze supply in an oil market that energy company executives and analysts say is already tight due to healthy demand, a lack of investment and supply problems. Brent crude settled at US$91.80 a barrel, up US$2.94, or 3.3 per cent. US West Texas Intermediate (WTI) crude closed US$2.89, o