L’Agence Interfax rapporte qu’un accord serait intervenu entre la Russie et l’Arabie Saoudite sur un gel de la production.

Oil futures rallied by more than 3% late Tuesday morning after international news agency Interfax reported that Saudi Arabia and Russia have reached a consensus to freeze oil production, citing comments from an unidentified person.

Oil prices « shot up on this report but really, it should not have been any surprise, » said Phil Flynn, senior market analyst at Price Futures Group. But James Williams, energy economist at WTRG Economics, said prices are « moving on headlines more than reality. » May WTI crude CLK6, +3.49% rose $1.42, or 3.5%, to settle at $41.78 a barrel on the New York Mercantile Exchange. A settlement around this level would be the highest of the year.