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	167,007.66 159.10M	-1.28% -2165.72
ALLSHR	99,956.62 489.61M	-1.16% -1177.13
KSE30	50,647.77 53.81M	-1.11% -570.60
KMI30	239,823.27 46.61M	-1.02% -2471.25
KMIALLSHR	64,692.90 187.16M	-1.06% -693.93
BKTi	46,856.76 34.20M	-1.61% -769.13
OGTi	34,811.78 2.88M	-1.07% -377.17

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,215.00	79,095.00 77,760.00	-20.00 -0.03%
BRENT CRUDE	107.03	107.31 105.02	1.96 1.87%
RICHARDS BAY COAL MONTHLY	103.25	0.00 0.00	-1.00 -0.96%
ROTTERDAM COAL MONTHLY	102.10	0.00 0.00	-0.70 -0.68%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	97.39	97.85 95.55	1.54 1.61%
SUGAR #11 WORLD	14.04	14.09 13.87	0.15 1.08%