Oil price rises above $40 a barrel as Opec talks brought forward
Opec and its allies had said they would bring forward the meeting should Iraq and others agree to boost their adherence to existing supply cuts
05 June 2020 - 12:32
London — Oil prices rose on Friday after Opec decided to move up discussions on whether to extend record production cuts to Saturday, indicating that some laggard countries may have agreed to align themselves with the deal.
Brent crude futures were up 95 cents, or 2.4%, at $40.94 a barrel as of 9.20am GMT, after rising over $1 to $41.18...
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