World oil prices rally as OPEC+ meeting starts

MG News | April 09, 2020 at 08:39 PM GMT+05:00

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April 09, 2020: The oil market jumped Thursday as OPEC and its allies began discussing output cuts after a collapse in demand due to the coronavirus and a Saudi-Russian price war.

"The 9th (Extraordinary) #OPEC and non-OPEC ministerial meeting has started. The meeting is being held via webinar in light of recent developments surrounding the #COVID-19 pandemic," the crude producers' grouping tweeted, sparking prices to sharply extend earlier gains.

AFP/APP

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Name	Price/Vol	%Chg/NChg
KSE100	186,255.55 395.22M	-0.64% -1199.14
ALLSHR	112,499.75 980.44M	-0.62% -698.84
KSE30	55,672.44 178.75M	-0.82% -457.96
KMI30	263,007.85 128.24M	-1.01% -2680.92
KMIALLSHR	72,266.81 499.03M	-0.84% -611.28
BKTi	52,849.34 95.11M	-0.06% -29.30
OGTi	37,768.53 9.14M	-1.79% -688.00

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,355.00	64,770.00 62,925.00	-530.00 -0.83%
BRENT CRUDE	72.70	73.31 72.04	0.71 0.99%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-0.55 -0.52%
ROTTERDAM COAL MONTHLY	119.15	0.00 0.00	0.15 0.13%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	69.11	69.74 68.58	0.56 0.82%
SUGAR #11 WORLD	15.08	15.22 15.05	-0.14 -0.92%