Light, sweet crude oil for front-month delivery on the New York
Mercantile Exchange declined to its lowest level in a month on Apr. 27
as concerns persisted about an oversupplied global market. But prices
ticked upward early Apr. 28 on hopes that members of the Organization of
Petroleum Exporting Countries and major non-OPEC oil-producing
countries will continue a deal to collectively curtail output.

Source: News