A general view of the Phillips 66 refinery, as seen from Rodeo, California, the oldest oil refining town in the American West, U.S. March 2, 2023. REUTERS/Nathan Frandino NEW YORK  – Oil  prices  jumped about 2 percent to a near 10-month high on Tuesday on a tighter supply outlook and OPEC optimism over the resilience of energy demand in major economies. Brent futures rose $1.42 or 1.6 percent, to settle at $92.06 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.55, or 1.8 percent, to settle at $88.

https://business.inquirer.net/420825/oil-jumps-2-to-near-10-month-high-as-opec-predicts-tight-supplies

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