Oil prices climb on expectations of a fruitful Opec+ meeting
If the meeting results in cuts of between 10-million and 15-million barrels a day, as hoped for, this will be the biggest reduction Opec has ever agreed on
09 April 2020 - 08:32
Melbourne/Singapore — Oil prices rose on Thursday on expectations the world’s largest oil producers would agree to cut production at a meeting later in the day as the industry grapples with a coronavirus-driven collapse in global oil demand.
Brent crude futures rose 1.2%, or 41c, to $33.25 a barrel as of 5.29am GMT. ..
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