World oil prices rally as OPEC+ meeting starts

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

0:00

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
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Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	71,080.00	71,385.00 70,175.00	1725.00 2.49%
BRENT CRUDE	99.47	100.90 97.15	-5.02 -4.80%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-10.35 -9.43%
ROTTERDAM COAL MONTHLY	119.50	0.00 0.00	1.35 1.14%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	88.46	89.57 86.72	-3.89 -4.21%
SUGAR #11 WORLD	15.90	15.91 15.40	0.38 2.45%