19-09-2016 12:55 via uk.news.yahoo.com

Oil climbs as Venezuela sees output deal

By Dmitry Zhdannikov LONDON (Reuters) - Oil prices rose on Monday from multi-week lows after Venezuela said OPEC and non-OPEC producers were close to a deal to stabilise the market and as clashes in Libya disrupted attempts to boost crude exports. Brent crude futures were at $46.32 per barrel at 1043 GMT (11.43 a.m. BST), up 55 cents from their previous settlement and off an earlier peak of 46.62. Venezuelan President Nicolas Maduro has said a deal could be announced this month to stabilise oil
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