Oil prices rise on hopes OPEC+ will agree supply cuts

LONDON (Reuters) - Oil prices rose on Thursday on expectations the world's leading crude producers will overcome obstacles at a meeting later in the day that have so far prevented a deal to cut output in response to a collapse in global demand.Brent crude futures were up 3.7%, or $1.22, at $34.06 a barrel as of 0902 GMT after hitting a high of $34.08 early in the session.U.S. West Texas Intermediate (WTI) crude futures were up 4.8%, or $1.2, at $26.29 a barrel, after earlier hitting a session..