Oil prices increases after OPEC (plus), pledged voluntary production cuts

Oil prices today rose marginally after Organization of the Petroleum Exporting Countries and allies including Russia, collectively known as OPEC(plus), pledged voluntary production cuts.     In intra-day trade, Brent crude was trading at around 85 dollars and 10 cents per barrel, while West Texas Intermediate (WTI) crude price was at 80 dollars and 64 cents per barrel.