Committee said to conclude March compliance at 98%: delegate U.S. dollar weakens versus euro after French election results Oil rose for the first time in six days as an OPEC-led committee was said to back prolonging supply cuts and as other markets rallied after the first round of French presidential elections. Futures climbed as much as 0.9 percent in New York after slumping 6.7 percent last week, the first drop in four weeks. A six-month extension to the output cut deal is necessary, the committee concluded, according to delegates with knowledge of the matter. Equities gained and the dollar weakened against the euro as a snap poll by Ipsos showed centrist Emmanuel Macron would win the second round of voting in France. Oil had retreated below $50 a barrel amid concern rising U.S. crude production will offset efforts by the Organization of Petroleum Exporting Countries to trim a global […]