Oil futures settled higher on Wednesday, buoyed by some speculation that the Organization of the Petroleum Exporting Countries and its allies may decide to extend production curbs at a meeting on Thursday. The group, known as OPEC+, may also move to increase production levels following a recent climb in oil prices back to their highest levels in a year. An OPEC+ committee meeting Wednesday did not offer any recommendations on April output levels, according to S&P Global Platts. Traders also digested data from the Energy Information Administration that showed a whopping 21.6 million barrel weekly rise in U.S. crude supplies, along with hefty declines in gasoline and distillate inventories. April West Texas Intermediate crude CLJ21,
