Oil staged a late-session revival to post the biggest daily advance in six weeks, a day after worries about an oversupply pushed prices into a bear market.
After hovering near a five-month low for most of Thursday, futures jumped in the final 30 minutes of the session to close 1.8% higher in New York. The move came as Mexican officials said they were making progress in talks with American counterparts, while the U.S. considers delaying threatened tariffs.
