Crude oil prices move to around $60/bl

 While Nymex light crude was trading 10 cents higher at $59.45 per barrel after gaining 54 cents on Tuesday, London Brent was 20 cents higher at $60.06 per barrel.

 Updated at 1015 hrs: Oil prices firmed in Asian trade today on increased confidence that OPEC will follow through on promised production cuts, dealers said.

New York's main contract, light sweet crude for December delivery, was up 22 cents at $59.57 a barrel from $59.35 in US trade yesterday.

London's brent north sea crude for December delivery rose 24 cents to $60.10.