Oil prices rose Thursday after reports that OPEC plans to cut output to counter falling prices and as an attack against Nigerian oil workers and facilities renewed concerns of supply disruptions, the Associated Press reported. By midday in Europe, light, sweet crude for November delivery rose 21 cents to US$59.62 a barrel in electronic trading on the New York Mercantile Exchange. At London's ICE Futures exchange, November Brent crude was up 13 cents at US$59.35 a barrel. In other Nymex trading, heating oil futures fell 0.66 cent to US$1.6704 a gallon while gasoline futures gained 0.61 cent to US$1.5039 a gallon. Natural gas futures rose 10.5 cents to US$6.100 per 1,000 cubic feet.
